Accuracy of proportion estimators: A simple rule

Accuracy of proportion estimators: A simple rule

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Article ID: iaor19942060
Country: Germany
Volume: 40
Start Page Number: 325
End Page Number: 332
Publication Date: Mar 1993
Journal: Metrika
Authors:
Abstract:

The paper considers the sample survey type problem of estimating the proportion p of a finite population of size N having a given attribute by the proportion equ1 of successes in a random sample (with or without replacement) of size r from the population. The present main result indicates that equ2equ3 is always at least a 91.0% confidence interval (C.I.) for the parameter p. The paper shows that equ4 is at least as large under the hypergeometric model of simple random sampling without replacement as it is under the corresponding binomial model of random sampling with replacement. The significance of the present main result is that it is a good, easily stated accuracy rule, holding for all r, N, and p, which can easily be understood by the layman when assessing accuracy of the estimator equ5 and discussing the relationship between accuracy and áwhen assessing accuracy of the estimator equ6 and discussing the relationship between accuracy and  sample size.

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