Question

Difference between ratio and regression estimation

Answer 1

Answer:

Ratio estimation uses the known population totals for variables to improve the weighting from sample values to population estimates.

• It compares the sample estimate of the variable with the population total.

Answer 2

Answer:

Ratio estimation uses the known population totals for variables to improve the weighting from sample values to population estimates. It compares the sample estimate of the variable with the population total. ... The auditors use ratio estimation as a method of classical variables sampling.