Question: Baseball data. Exercise 32 of Chapter 2 described the population of baseball players in data file baseball.dat. a . Take a stratified random sample of

Baseball data. Exercise 32 of Chapter 2 described the population of baseball players in data file baseball.dat.


a. Take a stratified random sample of 150 players from the file, using proportional allocation with the different teams as strata. Describe how you selected the sample.


b Find the mean of the variable logsal, using your stratified sample, and give a 95% CI.


c Estimate the proportion of players in the data set who are pitchers, and give a 95% CI.


d How do your estimates compare with those of Exercise 32 from Chapter 2?


e Examine the sample variances in each stratum. Do you think optimal allocation would be worthwhile for this problem?


f Using the sample variances from (e) to estimate the population stratum variances, determine the optimal allocation for a sample in which the cost is the same in each stratum and the total sample size is 150. How much does the optimal allocation differ from the proportional allocation?

Step by Step Solution

3.44 Rating (163 Votes )

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 Accounting Questions!