Improving Finite Population Mean through Ranked Sets
DOI:
https://doi.org/10.13052/jrss0974-8024.1924Keywords:
Ratio-type exponential estimator;, Ranked Set Sampling, Log-type exponential estimator;, Bias, Simulations, Mean-squared error (MSE), Percentage relative efficiency (PRE)Abstract
In the field of sampling theory, simple random sampling (SRS) has been widely used and proven to be effective for drawing samples to estimate population parameters. However, in certain situations, obtaining observations on the study variable is more challenging than ranking the units. In such cases, ranked set sampling (RSS) becomes very useful in the estimation of population parameters. We offer two new estimators under RSS to estimate the finite population mean out of which one estimator is equivalent to the many estimators existing in the literature, Therefore it can be used as the alternatives to the existing ones while the other one performs better than the recent estimator Khalid et al., (2024) in terms of mean squared error (MSE) and percentage relative efficiency (PRE), under RSS framework. Among the two proposed estimators, One of these estimators combines log and exponential, while the other combines regression and exponential.We found that second estimator turns out to be most efficient among the estimators studied in this study under RSS. The MSE and PRE are employed to evaluate the performance of the proposed estimators in comparison with traditional estimators discussed in this study. Analytical expressions for the MSE and bias are derived, along with the conditions under the proposed estimators demonstrate improved efficiency. To substantiate the theoretical findings, both empirical and simulation studies are conducted. The results indicate that the proposed estimators provide better performance compared to traditional estimators.
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