A corporation is interested in estimating the total carnings from sales of colour television sets at the end of a three-month period. The total earnings figures are available for all districts within the corporation for the corresponding three-month period of the previous year. A simple random sample of 13 district offices is selected from the 123 offices within the corporation. a) b) c) Use a ratio estimator to estimate the total earnings at the end of the three-month period. - 128,200. Take x Use the data below and find == 1 - 582 2 different ways using both the formulac Sp» = πλη (Σy, – Rxg)* = 1, Σy? - 28 Σx,y, + Σx?] n-1 12-1 Estimate the standard error (standard deviation) of your estimate.

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
Question
A corporation is interested in estimating the total carnings from sales of colour television sets at
the end of a three-month period. The total earnings figures are available for all districts within
the corporation for the corresponding three-month period of the previous year. A simple random
sample of 13 district offices is selected from the 123 offices within the corporation.
a)
b)
c)
Use a ratio estimator to estimate the total earnings at the end of the three-month period.
- 128,200.
Take x
Use the data below and find
==
1
-
582 2 different ways using both the formulac
Sp» = πλη (Σy, – Rxg)* = 1, Σy? - 28 Σx,y, + Σx?]
n-1
12-1
Estimate the standard error (standard deviation) of your estimate.
Transcribed Image Text:A corporation is interested in estimating the total carnings from sales of colour television sets at the end of a three-month period. The total earnings figures are available for all districts within the corporation for the corresponding three-month period of the previous year. A simple random sample of 13 district offices is selected from the 123 offices within the corporation. a) b) c) Use a ratio estimator to estimate the total earnings at the end of the three-month period. - 128,200. Take x Use the data below and find == 1 - 582 2 different ways using both the formulac Sp» = πλη (Σy, – Rxg)* = 1, Σy? - 28 Σx,y, + Σx?] n-1 12-1 Estimate the standard error (standard deviation) of your estimate.
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