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Use the following information to answer the next five exercises: of \(1,050\) randomly selected adults, 360 identified themselves as manual laborers, 280 identified themselves as non-manual wage earners, 250 identified themselves as mid-level managers, and 160 identified themselves as executives. In the survey, 82% of manual laborers preferred trucks, 62% of non-manual wage earners preferred trucks, 54% of mid-level managers preferred trucks, and 26% of executives preferred trucks. Suppose we want to lower the sampling error. What is one way to accomplish that?

Short Answer

Expert verified
Increase the sample size to reduce sampling error.

Step by step solution

01

Understand Sampling Error

Sampling error is the error caused by observing a sample instead of the whole population. It reflects the difference between the sample results and what the actual results would be if the entire population was surveyed.
02

Identify Options to Reduce Sampling Error

Sampling error can be reduced by increasing the sample size. This is because larger samples tend to more accurately reflect the characteristics of the population, leading to estimates that are closer to the population parameters.
03

Apply to Given Scenario

In the scenario, we have a sample of 1,050 adults. To reduce the sampling error, one effective approach would be to increase this sample size further.

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

Sample Size
Sample size plays a significant role in survey accuracy. It refers to the number of observations or individuals included in a sample. In our exercise, the results were derived from a survey of 1,050 adults. When we increase the sample size, we generally enhance the accuracy of the findings. This is because larger samples are likely to be more representative of the overall population.Think of it like getting opinions from more people when planning a party — the more people you consult, the better your event may match what everyone wants. Similarly, a larger sample size leads to results that more closely mirror the entire population's preferences.By increasing the number of people surveyed, the sampling error (\[ SE = \frac{\sigma}{\sqrt{n}} \], where \( \sigma \) is the population standard deviation and \( n \) is the sample size) gets smaller. This formula shows us that as \( n \) increases, \( SE \) decreases, reflecting a closer estimation to the true population values.
Population Parameters
Population parameters are measures that describe characteristics of a whole population. In the context of our exercise, if we gathered information from every single adult instead of a sample, we would obtain population parameters. Population parameters include data like means, medians, or the percentage of adults preferring trucks within the entire group of manual laborers. These parameters give us the complete picture without any sampling error. However, collecting data from an entire population is often not feasible due to constraints like time, cost, and logistics. In practice, we rely on a sample to estimate these parameters. For example, in our survey, we found that 82% of the surveyed manual laborers preferred trucks. If we had surveyed the entire population, the actual percentage could vary, but we design our sample to closely represent the larger group and give us the best estimate possible.
Survey Methodology
Survey methodology refers to the techniques used to select, conduct, and analyze a survey. This involves several steps to ensure we capture a reliable snapshot of the target population's opinions or behaviors. Key components include:
  • Sampling Method: Choosing who to survey. Random sampling, like in our exercise, ensures everyone in the population has an equal chance of being included.
  • Survey Design: Creating questions that clearly measure what you want to learn. Well-designed surveys minimize misunderstanding and bias.
  • Data Collection: Gathering information accurately from respondents. This could be through interviews, written questionnaires, or online forms.
  • Data Analysis: Interpreting results to make informed conclusions about the population. We look at patterns and summaries of the responses.
Together, these elements add rigor to the process and help decrease biases and errors, ensuring results are as close to the population parameters as possible.

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Most popular questions from this chapter

Use the following information to answer the next five exercises: of \(1,050\) randomly selected adults, 360 identified themselves as manual laborers, 280 identified themselves as non-manual wage earners, 250 identified themselves as mid-level managers, and 160 identified themselves as executives. In the survey, 82% of manual laborers preferred trucks, 62% of non-manual wage earners preferred trucks, 54% of mid-level managers preferred trucks, and 26% of executives preferred trucks. We are interested in finding the 95\(\%\) confidence interval for the percent of executives who prefer trucks. Define random variables \(X\) and \(P^{\prime}\) in words.

Use the following information to answer the next ten exercises: A sample of 20 heads of lettuce was selected. Assume that the population distribution of head weight is normal. The weight of each head of lettuce was then recorded. The mean weight was 2.2 pounds with a standard deviation of 0.1 pounds. The population standard deviation is known to be 0.2 pounds. In words, define the random variable \(\overline{X}\) .

Use the following information to answer the next five exercises. A hospital is trying to cut down on emergency room wait times. It is interested in the amount of time patients must wait before being called back to be examined. An investigation committee randomly surveyed 70 patients. The sample mean was 1.5 hours with a sample standard deviation of 0.5 hours. Construct a 95% confidence interval for the population mean time spent waiting. State the confidence interval, sketch the graph, and calculate the error bound.

Construct a 95\(\%\) confidence interval for the true mean number of colors on national flags. Using the same \(\overline{x}, s_{x},\) and \(n=39,\) how would the error bound change if the confidence level were reduced to 90\(\%\) ? Why?

Use the following information to answer the next two exercises: Marketing companies are interested in knowing the population percent of women who make the majority of household purchasing decisions. When designing a study to determine this population, what is the minimum number you would need to survey to be 90\(\%\) confident that the population proportion is estimated to within 0.05\(?\)

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