MATH 313: Survey Design and Sampling
\[ \begin{align*} \text{Given:} & \quad \frac{\mu_y}{\mu_x} = \frac{N \mu_y}{N \mu_x} = \frac{\tau_y}{\tau_x} \\ \text{Implication:} & \quad \tau_y = \frac{\mu_y}{\mu_x} \cdot \tau_x \\ \end{align*} \]
\[ \text{Ratio Estimator:} \quad \hat{R} = \frac{\bar{y}}{\bar{x}} \]
Example 1: A consumer survey was conducted to determine the ratio of the money spent on food to the total income per year for households in a small community. A simple random sample of 14 households was selected from 150 in the community. Sample data are given in the accompanying table. How to estimate the population ratio, \(R\) ?
Example 2: An advertising firm is concerned about the effect of a new regional promotional campaign on the total dollar sales for a particular product. A simple random sample of \(n=20\) stores is drawn from the regional stores in which the product is sold. Quarterly sales data are obtained for the current three-month period and the three-month period prior to the new campaign. How to estimate the change?