Answer to Question #255352 in Economics for Neil

Question #255352
Statistics Q. What adjustments are needed to convert a variable X into another variable Y such that the mean of Y is same as mean of X, but variance of Y is 4 times that of X.
1
Expert's answer
2021-10-24T18:13:21-0400

Stratification is used as a technique for selecting certain samples to ensure greater accuracy of the data, but in the opposite order, since the variance increases by 4 times.


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