↪This channel would explore, in sequential series, area of Statistics.
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Differences between Probability & Non-Probability Sampling, Names of Sampling Methods
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🚩Timestamps:-
00:54 Names of Probability & Non-Probability Sampling Techniques
02:11 Key Differences between Probability & Non-Probability Sampling Methods
08:06 Imp Words – Conclusive Research, Exploratory Research
09:16 Another Perspective on Diff b/w Prob & Non-Prob Sampling Methods
14:01 Imp Terms – Sampling Error, Systematic Bias
Learning Outcomes:-
Through this
module, you will gain understanding on:-
1.Names of Probability & Non-Probability Sampling
Techniques
2.Key Differences between Probability &
Non-Probability Sampling Methods
●conclusive
research design - used to obtain information to reach conclusions or make
decisions. (understand)
●Exploratory
research - investigates research questions that have not previously been
studied in depth. (develop a concept)
What
Is a Sampling Error?
A sampling
error is a statistical error that occurs when an analyst does not select a
sample that represents the entire population of data.
Names of Probability & Non-Probability Sampling Techniques, Key Differences between Probability & Non-Probability Sampling Methods Imp Words – Conclusive Research, Exploratory Research, Sampling Error, Systematic Bias | Collection of Data | 11th Commerce | by @statomics11comm
1-Simple Aggregative Method 2-Simple Average of Price Relatives Method Weighted Index Numbers – 1-Weighted Average of Price Relatives Method 2-Weighted Aggregative Method - a-Laspeyre b-Paasche c-Fisher Methods of Constructing Consumer Price Index (CPI) – 1-Aggregative Expenditure Method 2-Family Budget Method Rate of Inflation Wholesale Price Index (WPI) Index of Industrial Production (IIP) VIDEO DESCRIPTION (max 5,000 characters) INDEX NUMBERS, All Formulas, in one video, Class 11, Final Exams, Most important, One shot | Index Numbers | 11th Commerce | by @statomics11comm 🗣️ आपके लिए , इस Session की "tuition fee" है केवल : 👉 video को like 👍 & SHARE 🚀 करना , अपने feedback को Comment 📝 करें ; और सबसे ज़रूरी बात , Channel को SUBSCRIBE करके notification bell 🛎 icon को भी press करना ना भूलें ~XOXO 📚 CHAPTER PLAYLIST ► Ch 13 – Index Numbers https://www.youtube.com/playlist?list=PL0BlcnHQsq5Ip
🚩Timestamps:- 00:07 Session Agenda 01:17 Wholesale Price Index (WPI) 04:19 COMMODITY GROUP AND WEIGHTAGE OF WHOLESALE PRICE INDEX 07:48 USES OF WHOLESALE PRICE INDEX 13:57 Who publishes wholesale price index? 14:18 Calculating WPI: the Methodology 18:26 Concluding Remarks Learning Outcomes:- Through this module, you will gain understanding on:- 1. Wholesale Price Index (WPI) 2. COMMODITY GROUP AND WEIGHTAGE OF WHOLESALE PRICE INDEX 3. USES OF WHOLESALE PRICE INDEX 4. Who publishes wholesale price index? 5. Calculating WPI: the Methodology Wholesale Price Index (WPI) The Wholesale Price Index (WPI) measures the relative changes in the prices of commodities traded in the wholesale markets. In India, the wholesale price index numbers are constructed on weekly basis. · In India, the new Wholesale Price Index (WPI) series with base 2004-05 = 100 became effective from 2010 shifting from the earlier base of 1999-2000. The Government plans
🚩Timestamps:- 00:28 Merits of Tabular Presentation Learning Outcomes:- Through this module, you will gain understanding on:- 1. Merits of tabular presentation Merits of tabular presentation - ● Simplest presentation form ● Data are easily understood ● Large volume of statistical data can be presented very briefly ● Facilitates comparison by different classes (columns) ● Data analysis made easy - Central tendency, Dispersion, Correlation ● Highlights data characteristics ● Very economical presentation mode - Saves time and space Merits of Tabular Presentation | Presentation of Data: Textual and Tabular | Statistics for Economics | 11th Commerce | by @statomics11comm 🚩Timestamps:- 00:28 Merits of Tabular Presentation - - - - - - - - - - ▶Related Playlist: https://www.youtube.com/playlist?list=PL0BlcnHQsq5LFSYN0exeZe31lwoD0Yhp6 - - - - - - - - - - 👉 SUBSCRIBE🔔 to the Channel here: https://www.youtube.com/channel/UCwRkwAV
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