TABLES OF RANDOM SAMPLE SIZES NECESSARY TO ESTIMATE MEAN AND AGGREGATE VALUES

Abstract

This analysis presents examples of 16 of random sample sizes necessary to estimate mean and aggregate values. The tables provide a readily useful tool for determining an appropriate sample size once the person designing a plan makes certain quantitative statements. The tables were developed as an aid in using sampling methods to estimate such financial characteristics of a total inventory as its aggregate dollar value or average value per line item stored. The computed tables permit the estimator to select the amount of precision and confidence desired in the estimate of total population characteristics.

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Document Details

Document Type
Technical Report
Publication Date
Apr 01, 1963
Accession Number
AD0404017

Entities

People

  • R. G. Brown

Organizations

  • RAND Corporation

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Accounting
  • Air Force
  • Air Force Personnel
  • Coefficients
  • Computations
  • Data Science
  • Information Science
  • Inventory
  • Mathematics
  • New York
  • Precision
  • Probability
  • Quality Control
  • Sampling
  • Statistical Samples
  • Statistical Sampling
  • United States

Fields of Study

  • Mathematics

Readers

  • Computational Modeling and Simulation
  • Psychometric Testing or Psychological Assessment.
  • Statistical inference.