Improved exponential type variance estimators for population utilizing supplementary information

Abstract

This paper contributes to the existing literature on variance estimators by utilizing supplementary information. The variance estimation problem of a finite population is a significant matter as sometimes, it is tough to control the variation. For this purpose, an optimum family of exponential variance estimators is suggested under simple random sampling. Moreover, different specific members of the proposed estimators are identified by incorporating various known characteristics of the supplementary variable in the suggested generalized class of estimators. The derivations for the expressions of bias as well as mean square error (MSE) of the proposed estimators are conducted. The suggested family of estimators is studied in different situations by using sets of real data and simulation studies for their performance. To evaluate the efficiency of the suggested estimators, R software is used for the analysis. The study compares the performance of the proposed estimators against the traditional estimators. The theoretical and numerical comparisons show that the estimators suggested in the study are superior in efficiency as compared to the existing estimators.

Keywords

• Variance
• Optimum
• Supplementary
• Efficiency
• Mean square error