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Can we consider this an SRS? Refer to the previous
Chapter , Problem 10.11(choose chapter or problem)
Can we consider this an SRS? Refer to the previous exercise. The report states that Kiplingers rankings focus on traditional four-year public colleges with broadbased curricula. Each year, they start with more than 500 schools and then narrow the list down to roughly 120 based on academic quality before ranking them. The data set in the previous exercise is an SRS from their published list of 100 schools. As far as investigating the relationship between average debt and the percent of students who borrow, is it reasonable to consider this to be an SRS from the population of interest? Write a short paragraph explaining your answer.
Questions & Answers
QUESTION:
Can we consider this an SRS? Refer to the previous exercise. The report states that Kiplingers rankings focus on traditional four-year public colleges with broadbased curricula. Each year, they start with more than 500 schools and then narrow the list down to roughly 120 based on academic quality before ranking them. The data set in the previous exercise is an SRS from their published list of 100 schools. As far as investigating the relationship between average debt and the percent of students who borrow, is it reasonable to consider this to be an SRS from the population of interest? Write a short paragraph explaining your answer.
ANSWER:Problem 10.11
Can we consider this an SRS? Refer to the previous exercise. The report states that Kiplinger's rankings focus on traditional four-year public colleges with broad-based curricula. Each year, they start with more than 500 schools and then narrow the list down to roughly 120 based on academic quality before ranking them. The data set in the previous exercise is an SRS from their published list of 100 schools. As far as investigating the relationship between average debt and the percent of students who borrow, is it reasonable to consider this to be an SRS from the population of interest? Write a short paragraph explaining your answer.
Step by Step Solution
Step 1 of 2
Simple random sampling or SRS is a type of probability sampling which is a basic sampling technique. In this type of sampling every unit of the population has exactly equal chance of getting selected in the sample.