Mathematics
4 years ago

New estimator boosts accuracy in population mean estimation for better decision-making.

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International Journal of Statistics and Applied Mathematics
An almost unbiased ratio estimator of population mean in stratified sampling
Vyas Dubey, Jaya B Rathore, Ujjwal Dubey

Paper Summary

The researchers found a better way to estimate the average of a population by improving the method used to calculate the variance of the estimate. This new method is more effective than the old one in certain situations, as shown by examples they provided.

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