Question

In: Statistics and Probability

Topic: Producing Data: sampling. Please give a data set description

Topic: Producing Data: sampling. Please give a data set description

Solutions

Expert Solution

In statistics, quality assurance, and survey methodology, sampling is the selection of a subset (a statistical sample) of individuals from within a statistical population to estimate characteristics of the whole population.Data sampling is a statistical analysis technique used to select, manipulate and analyze a representative subset of data points ie sample to identify patterns and trends in the larger data set being examined.

It enables data us to work with a small, manageable amount of data about a statistical population to build and run analytical models more quickly, while still producing accurate findings.

Though the size of the required data sample and the possibility of introducing a sampling error. In some cases, a small sample can reveal the most important information about a data set. In others, using a larger sample can increase the likelihood of accurately representing the data as a whole, even though the increased size of the sample may impede ease of manipulation and interpretation.

different types of data sampling:

Simple random sampling is a sampling technique where every item in the population has an even chance and likelihood of being selected in the sample. Here the selection of items completely depends on chance or by probability and therefore this sampling technique is also sometimes known as a method of chances.

Stratified sampling refers to a type of sampling method . With stratified sampling, the researcher divides the population into separate groups, called strata. Then, a probability sample  is drawn from each group.

Cluster sampling refers to a type of sampling method . With cluster sampling, the researcher divides the population into separate groups, called clusters. Then, a simple random sample of clusters is selected from the population. The researcher conducts his analysis on data from the sampled clusters.

Multistage sampling is the taking of samples in stages using smaller and smaller sampling units at each stage. Multistage sampling can be a complex form of cluster sampling because it is a type of sampling which involves dividing the population into groups.

Systematic sampling is a type of probability sampling method in which sample members from a larger population are selected according to a random starting point but with a fixed, periodic interval. This interval, called the sampling interval, is calculated by dividing the population size by the desired sample size.

Sampling enables the selection of right data points from within the larger data set to estimate the characteristics of the whole population. For example, there are about 600 million tweets produced every day. It is not necessary to look at all of them to determine the topics that are discussed during the day, nor is it necessary to look at all the tweets to determine the sentiment on each of the topics. A theoretical formulation for sampling Twitter data has been developed


Related Solutions

Please give a brief description about the Remote data like REST, JSON, XML, AJAX and SOAP...
Please give a brief description about the Remote data like REST, JSON, XML, AJAX and SOAP API’s ?
Demonstrate with simple examples on under-sampling and over-sampling effects. Give exact parameters and data in your...
Demonstrate with simple examples on under-sampling and over-sampling effects. Give exact parameters and data in your demonstrating example. Explain in terms of sampling theorem, Nyquist rate, low pass filter effect.
Demonstrate with simple examples on under-sampling and over-sampling effects. Give exact parameters and data in your...
Demonstrate with simple examples on under-sampling and over-sampling effects. Give exact parameters and data in your demonstrating example. Explain in terms of sampling theorem, Nyquist rate, low pass filter effect.
Set up a sampling plan to study the water quality for Potable water . Give all...
Set up a sampling plan to study the water quality for Potable water . Give all the necessary details about the sampling and analysis plan. there is no word limit , the important thing is the adequate details.
Variables in Wooldridge's data set (description): Cross-sectional data set from Wooldridge 1. return % change stock...
Variables in Wooldridge's data set (description): Cross-sectional data set from Wooldridge 1. return % change stock price, 90-94 2. dkr debt/capital, 1990 3. eps earnings per share, 1990 4. netinc net income, 1990 (millions $) 5. salary CEO salary, 1990 (thousands $) Dataset: return dkr eps netinc salary -20.84211 4 48.1 1144 1090 -9.138381 27.3 -85.3 35 1923 86.21795 36.8 -44.1 127 1012 131.8367 46.4 192.4 367 579 -8.189655 36.2 -60.4 214 600 -26.00733 18.7 -79.8 118 735 52.27273 34.4...
Healthcare data sets is an interesting topic. What are data sets? Why would a data set...
Healthcare data sets is an interesting topic. What are data sets? Why would a data set be developed? Provide one to two examples only not a list.
FYI: THIS IS A NEW SET OF PROBLEM WITH A NEW SET OF DATA..... PLEASE DO...
FYI: THIS IS A NEW SET OF PROBLEM WITH A NEW SET OF DATA..... PLEASE DO NOT PROVIDE OLD ANSWERS Fly-By-Night Couriers is analyzing the possible acquisition of Flash-in-the-Pan Restaurants. Neither firm has debt. The forecasts of Fly-By-Night show that the purchase would increase its annual aftertax cash flow by $310,000 indefinitely. The current market value of Flash-in-the-Pan is $7 million. The current market value of Fly-By-Night is $16 million. The appropriate discount rate for the incremental cash flows is...
The Iris data set is a well-known data set among data mining analysts. Please provide some...
The Iris data set is a well-known data set among data mining analysts. Please provide some background of this data set and the information contained in it.
Could you please give a description of one of the tools that a health services organization...
Could you please give a description of one of the tools that a health services organization or one with which you are familiar uses for process analysis. Be specific and provide examples. Then, create your own example of this tool, and attach it to your discussion. Do not use real data. Describe the strengths and weaknesses of the tool for process analysis in health care administration, and explain why.
Please name five of the major groups of antineoplastic agents and give a detailed description of...
Please name five of the major groups of antineoplastic agents and give a detailed description of each, including at least one example of a specific medication in each group. Please include both the generic and trade name, along with mechanism of action (what does it do within the body), side effects and interactions.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT