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Sampling Surveys: Methods and Applications

In: Statistics for Business and Financial Economics

Author

Listed:
  • Cheng-Few Lee

    (Rutgers University Business School, Department of Finance and Economics)

  • John C. Lee

    (Center for PBBEF Research)

  • Alice C. Lee

Abstract

In statistics, we are interested in information about a population. For example, we might be interested in how the residents of a community feel about the construction of a new high school. There are two ways to obtain information about how the residents feel about this issue. We could take a census and simply ask each and every resident about his or her attitude toward such a project. Or we could take a smaller sample of the residents and try to draw inferences about the community’s feelings from the feelings that members of this sample express.

Suggested Citation

  • Cheng-Few Lee & John C. Lee & Alice C. Lee, 2013. "Sampling Surveys: Methods and Applications," Springer Books, in: Statistics for Business and Financial Economics, edition 3, chapter 0, pages 1019-1063, Springer.
    • Handle: RePEc:spr:sprchp:978-1-4614-5897-5_20
    DOI: 10.1007/978-1-4614-5897-5_20
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