Question

In: Statistics and Probability

Draw a random sample of five contracts from a population of 362 recent contracts with lost...

Draw a random sample of five contracts from a population of 362 recent contracts with lost overruns starting with raw 13 column 5 of the table of random digits.

Solutions

Expert Solution

a population of 362

step 1:  starting with row 13 columns 5 of the table of random digits

step 2: we land on 65617 (row 13 column 5 entry).

step 3: This location gives the first three digits to be 656. This choice is too large (> 362 ), so we choose the next number in that column. Keep in mind that we are looking for numbers whose first three digits are from 001 to 362.

step 4: The second choice gives the first three digits to be 11951, his location gives the first three digits to be 119 is small than 362. hence our first random number is 119

From this table, we arrive at 343(34382), 076(07679), 052 (05257), 275 (27569)

119, 343, 076, 052, and 275 will be used for our random sample.


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