Agricultural Economics Department
The reliability and adequacy of South Dakota farm price data cannot be stated with any great degree of precision. The statistical measures of reliability in this analysis are based upon the conditions of simple sampling of which the conclusions cannot be stated in absolute terms but must be expressed in probability. The sampling as done by the Division of Crop and Livestock Estimates is known as weighted stratified sampling, a departure from simple sampling, but considered to result in greater representativeness. Recognizing the limitations of the measures in this study, certain conclusions can still be drawn concerning the reliability of South Dakota farm price data.
farm price data reliability, farm price data adequacy
South Dakota Experiment Station, South Dakota State College of Agriculture and Mechanical Arts
Muehlbeier, J., "Reliability and Adequacy of South Dakota Farm Price Data" (1934). Research Bulletins of the South Dakota Agricultural Experiment Station (1887-2011). 286.