Question: Using the information in Table 3.14, determine the optimal allocation (a) sampling proportions for estimating the proportion of doctors who work at least 30 hours

Using the information in Table 3.14, determine the optimal allocation

Type of Doctor N SD Cost Surgeon Nonsurgical 20,000 80,000 100,000 25

(a) sampling proportions for estimating the proportion of doctors who work at least 30 hours per week.

(b) sample size for a stratified random sample selected using optimal allocation that produces the smallest cost for a bound on the error of estimation of ???? = 0.035.

(c) strata sample sizes.

(d) the cost of sampling when the initial cost of sampling is ????0 = $2500.

Type of Doctor N SD Cost Surgeon Nonsurgical 20,000 80,000 100,000 25 2 20 10 20

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Biostatistics Questions!

Find the third quartile for the given quantitative data. 76 98 23 83 49 38 95 56 13 68 29 22 8 59 51

Keep the Highest 2.3 / 5 1. Income inequality and the poverty rate The following table summarizes the income distribution for the town of Perkopia, which has a population of 10,000 people. Every...

QUESTION 17 Josey earned a promotion and is getting an 8% raise. However, the Bureau of Labor Statistics just reported an inflation rate of 10%. Josey is ahead by 8%. Josey's purchasing power is...

This is Strategic Management , please read the following case 9B06M092 about Lululemon Athletica: Primed for Growth and help me answer the questions related to this case study. Case questions:...

Case questions: Imagine that you are a strategic advisor to Chip Wilson, founder of Lululemon. Lululemon has enjoyed quite a bit of success over the years with more opportunities for growth...

Question: Evaluate the opportunities in the case using all aspects of the Diamond-E Framework . Please use SWOT and PESTLE. When answering this question INTRODUCTION In mid-2006, Chip Wilson,...

1 of 23 1.0 Points A company operates four machines during three shifts each day. From production records, the data in the table below were collected. At the .05 level of significance test to...

6 | Consumer Choices Figure 6.1 Investment Choices Higher education is generally viewed as a good investment, if one can afford it, regardless of the state of the economy. (Credit: modification of...

1 of 20 1.0 Points Accepted characters: numbers, decimal point markers (period or comma), sign indicators (-), spaces (e.g., as thousands separator, 5 000), "E" or "e" (used in scientific notation)....

Each separate response must have approximately 200 words. Assignments vary widely; however, essays should be written in APA style, with in-text citations and a separate reference listing as...

Which of the following is not a requirement of the New York Stock Exchange regarding corporate governance of companies listed on the exchange? Have a majority of independent directors of the...

Following are transactions of Danica Company. Dec. 13 Accepted a $14,000, 45-day, 9% note in granting Miranda Lee a time extension on her past-due account receivable. 31 Prepared an adjusting entry...

Based on the expectations hypothesis, the inverse yield curve in January 1 5 of 1 9 8 1 indicated that short - term rates would q , in the future. a . remain constant b . fall c . randomly change d ....

The lack of innovation and entrepreneurial focus at American Express (AmEx) may be because of hubris, inertia, and a lack of capability. The firms performance in 2014 was not, by any means, what...

Weighing Seals with a Camera The table below lists overhead widths (cm) of seals measured from photographs and the weights (kg) of the seals (based on Mass Estimation of Weddell Seals Using...

Cigarette Tar and Nicotine The table below lists measured amounts (mg) of tar, carbon monoxide (CO), and nicotine in king size cigarettes of different brands (from Data Set 15 Cigarette Contents). a....

Cigarette Nicotine and Carbon Monoxide Refer to the table of data given in Exercise 1 and use the amounts of nicotine and carbon monoxide (CO). a. Construct a scatterplot using nicotine for the x...

1 The Memey Company prepared the following sales budget: Month March April May June July Budgeted sales (in units) 250,000 265,000 255,000 272,500 262,500 The desired ending inventory level is 30% of...

Mastery Problem: Job Order Costing Purl of Great Price Company Maria Young is the sole stockholder of Purl of Great Price Company (POGP Company), which produces high-end knitted sweaters and sweater...

Use the following information for the Quick Study below. (Algo) (5-7) [The following information applies to the questions displayed below.) A company reports the following beginning inventory and two...