Use the data in Problem 89 to determine the appropriate sample sized under an optimal allocation rule.
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Use the data in Problem 89 to determine the appropriate sample sized under an optimal allocation rule.
Problem 89
Prof. Anderson would like to estimate the monthly expenditure on mobile phone communication. If he would like a level of precision of $5, determine the total number of sample observations under a proportional allocation.
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Stratum Undergraduate Master Ph.D. Students 7,200 4,200 1,800 Estimated standard deviation $35 $25 $15
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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