Lecture 1
Lecture 1
• collection
• organization or presentation
• analysis and interpretation
• Interpretation of numerical data
Subdivisions of Statistics
• Descriptive Statistics
• Inferential Statistics
Example 1: Find the sample size if the population size is 20,000, at 95%
level of significance, proportion is 0.5 and the margin of error is 5%.
2
(1.96) (0.5)(0.5)
n o=
¿¿
384
n1 = =377
384
1+
20000
Example 2: Find the sample size if the population size is 20,000, level of
significance is 99%, proportion is 0.55 and the margin of error is 1%.
2
(2.575) (0.55)(0.45)
n o=
¿¿
16411
n1 = =9014
16411
1+
20000
SAMPLING TECHNIQUES
Population refers to the totality of objects, individuals or reactions that can
be described as having a unique combination of qualities. In statistical
investigations, population is defined by naming its unique characteristics.
The following may be considered populations
• Graduating students of a particular school
• Employees of the company
• Depositors in a bank
More precisely, a population consists of numerical values associated with
objects or individuals. So that we can discuss about the ages of the
graduating students, the educational attainment of the employees or the
amount of savings of depositors.
Sampling Methods
Probability Sampling - samples are chosen with members of the
population having a known or sometimes equal probability of being
included in the sample.
a. Simple Random Sampling
b. Systematic Random Sampling
c. Stratified Random Sampling
Stratified random sampling – this method is used when the population is too
big to handle, thus dividing N into subgroups or strata is necessary. Samples
per stratum are then randomly selected, but considerations must be given to
the sizes of the random samples to be selected from the subgroups.