Question: Sample selection and calculation costs are factors to consider in deciding upon a statistical method. Which of these two costs is apt to be affected
Sample selection and calculation costs are factors to consider in deciding upon a statistical method. Which of these two costs is apt to be affected in deciding between ratio and difference estimation, and which cost is not apt to be affected? Explain your answer. Under what circumstances is the difference in the total sample selection and calculation cost apt to be insignificant?
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