OLONITE PROPORTIONAL ALLOCATION METHOD AND THE THEORY OF SETS: THE RELEVANCIES WITHIN
| Autor: | OLONITE, Oluyemi Ayodele |
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| Jazyk: | angličtina |
| Rok vydání: | 2022 |
| Předmět: | |
| DOI: | 10.5281/zenodo.6665658 |
| Popis: | Olonite Proportional Allocation Method (OPAM) is a method used to allocate sample to strata based on the strata variances and similar sampling in the strata. An Olonite allocation scheme provides the most precision for estimating a population mean given a fixed total sample. it can be used to select sample from Organizations, Countries, States that has scattered branches. It was developed as a solution to the short comings of the Bowler’s Proportional Allocation Method. The OPAM advocates for the use of the Olonite Sampling Technique (OST) to sample from each stratum of a strata. In this case, the strata can be seen an Organization, State, Country, etc while the stratum represents departments, Cities, States respectively, etc. OPAM asserts that the higher the population, the higher the sample should be per branch, departments, etc, this will give an average equal representation for each stratum to be considered and selected. The Olonite Proportional Allocation Method helps to reduce time wastage while trying to appropriate a perfect set i.e. Organizations having the same no of departments and staff. Olonite Allocation is always the best proportional allocation method (since Olonite Allocation is optimal). Oluyemi Ayodele OLONITE |
| Databáze: | OpenAIRE |
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