Minimum Cost Compromise Mixed Allocation

Minimum Cost Compromise Mixed Allocation

0.00 Avg rating0 Votes
Article ID: iaor2014170
Volume: 12
Issue: 4
Start Page Number: 373
End Page Number: 381
Publication Date: Dec 2013
Journal: Journal of Mathematical Modelling and Algorithms in Operations Research
Authors: , ,
Abstract:

When more than one (say p) characteristics in multivariate stratified population are defined on each unit of the population, the individual optimum allocations may differ widely and can not be used practically. Moreover, there may be a situation such that no standard allocation is advisable to all the strata, for one reason or another. In such a situation, Clark and Steel (2000) suggested that different allocations may be used for different groups of strata having some common characteristics for double sampling in stratification. Later on, Ahsan et al. (2005) used the same concept in univariate stratified sampling. They minimized the variance of the stratified sample mean for a fixed cost to obtain an allocation and called this allocation ‘mixed allocation’. In the present paper, a ‘compromise mixed allocation’ is worked out for the fixed precisions of the estimates of the p‐population means of a multivariate stratified population. A numerical example is also presented.

Reviews

Required fields are marked *. Your email address will not be published.