Comparison of confidence intervals for fraction in finite populations
Comparison of confidence intervals for fraction in finite populations
Author(s): Wojciech ZielińskiSubject(s): Economy
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: confidence interval; approximate confidence interval; fraction; finite population
Summary/Abstract: Consider a finite population. Let qÎ(0,1) denotes the fraction of units with a given property. The problem is in interval estimation of q on the basis of a sample drawn due to the simple random sampling without replacement. In the paper three confidence intervals are compared: exact based on hypergeometric distribution and two other based on approximations to hypergeometric distribution: Binomial and Normal. It appeared that Binomial based confidence interval is too conservative while the Normal based one does not keep the prescribed confidence level.
Journal: Metody Ilościowe w Badaniach Ekonomicznych
- Issue Year: XII/2011
- Issue No: 1
- Page Range: 177-182
- Page Count: 6
- Language: English