Sampling error
In statistics, error that occurs solely as a result of using a sample from a population, rather than the whole population
In statistics, sampling errors are incurred when the statistical characteristics of a population are estimated from a subset, or sample, of that population. Since the sample does not include all members of the population, statistics of the sample (often known as estimators), such as means and quartiles, generally differ from the statistics of the entire population (known as parameters).
Nº Q3306280 ★
Common · Knowledge
Sampling error
In statistics, error that occurs solely as a result of using a sample from a population, rather than the whole population
In statistics, sampling errors are incurred when the statistical characteristics of a population are estimated from a subset, or sample, of that population. Since the sample does not include all members of the population, statistics of the sample (often known as estimators), such as means and quartiles, generally differ from the statistics of the entire population (known as parameters).
Last price
—
Floor price
—
7-day median
—
30-day sales
0
30-day range
—
In circulation
0
Price history
median
low – high
sales
No sales in this period
Show table
| Date | median | Low | High | sales |
|---|
Sales history
- Last sale
- —
- 30-day average
- —
- 30-day low
- —
- 30-day high
- —
- Sales 7d
- 0
- Sales 30d
- 0
No sales yet.
Anonymous sales: no buyer or seller shown. Figures count player-to-player sales only.
From Wikipedia
In statistics, sampling errors are incurred when the statistical characteristics of a population are estimated from a subset, or sample, of that population. Since the sample does not include all members of the population, statistics of the sample (often known as estimators), such as means and quartiles, generally differ from the statistics of the entire population (known as parameters). The difference between the sample statistic and population parameter is called the sampling error. For example, if one measures the height of a thousand individuals from a population of one million, the average height of the thousand is typically not the same as the average height of all one million people in the country. Since sampling is almost always done to estimate population parameters that are unknown, by definition exact measurement of the sampling errors will usually not be possible; however they can often be estimated, either by general methods such as bootstrapping, or by specific methods incorporating some assumptions (or guesses) regarding the true population distribution and parameters thereof.
Text: Wikipédia, CC BY-SA 4.0. ·
Related cards
-
Margin of error
Statistic expressing the amount of random sampling error in a survey's results
Nº Q1352827 ★★
Not listed
-
Sample (statistics)
Set of data collected and/or selected from a statistical population by a defined procedure
Nº Q49906 ★★★
Not listed
-
M
Mean absolute error
Measure of difference between two continuous variables
Nº Q6803609 ★★
Not listed
-
Errors and residuals
Measures of deviation of an observed value from its theoretical value
Nº Q1502698 ★★
Not listed
-
t
type II error
Mistaken failure to reject the null hypothesis
Nº Q1369221 ★
Not listed
-
B
Bessel's correction
Multiplicative correction for an estimator for variance, such that it becomes unbiased
Nº Q526938 ★★
Not listed