Assignment 08-09-2019
Assignment 08-09-2019
1) Explain the meaning and significance of the concept of “Standard Error’ in sampling analysis.
2) Explain the meaning of the following sampling fundamentals:
(a) Sampling frame;
(b) Sampling error;
(c) Central limit theorem;
(d) Student’s t distribution;
(e) Finite population multiplier.
3) Distinguish between the following:
(a) Statistic and parameter;
(b) Confidence level and significance level;
(c) Random sampling and non-random sampling;
(d) Sampling of attributes and sampling of variables;
(e) Point estimate and interval estimation.
4) 500 articles were selected at random out of a batch containing 10000 articles and 30 were
found defective. How many defective articles would you reasonably expect to find in the
whole batch?
5) A random sample of 500 pineapples was taken from a large consignment and 65 were found to
be bad. Show that the standard error of the population of bad ones in a sample of this size is
0.015 and also show that the percentage of bad pineapples in the consignment almost certainly
lies between 8.5 and 17.5.
Date: 31-8-2019
1) A survey result of 1600 Playboy readers indicates that 44% finished at least three years of
college. Set 98% confidence limits on the true proportion of all Playboy readers with this
background.
2) Given is the following information:
(i) Universe with N =10,000.
(ii) Variance of weight of the cereal containers on the basis of past records = 8 kg.
Determine the size of the sample for estimating the true weight of the containers if the
estimate should be within 0.4 kg. of the true average weight with 95% probability.
3) Mr. Alok is a purchasing agent of electronic calculators. He is interested in determining at a
confidence level of 95% what proportion (within plus or minus 4%), is defective.
Conservatively, how many calculators should be tested to find the proportion defective?
4) Mr. Kishore wants to determine the average time required to complete a job with which he is
concerned. As per the last studies, the population standard deviation is 8 days. How large
should the sample be sothat Mr. Kishore may be 99% confident that the sample average may
remain within ±2 days of the average?