question archive Generate 4000 independent samples for simulation from the original data
Generate 4000 independent samples for simulation from the original data
Subject:StatisticsPrice: Bought3
Generate 4000 independent samples for simulation from the original data. The parameter of interest is the population mean of the variable literacy ratio.
From generated samples, compute ratio and regression estimates. Find the percent
Relative bias (PRB) and percent coefficient of variation (PCV) for both ratio and
regression estimators and suggest the best estimator for this population.
