Sampling Error Definition, Example, Formula

In Statistics, sampling error also called estimation error is the amount of inaccuracy in estimating some value that is caused by only a portion of a population (i.e. sample) rather than the whole population. It is the difference between the statistic (value of the sample, such as sample mean) and …

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Sampling and Non Sampling Errors

Before Differentiating the Sampling and Non Sampling Errors, let us define the Error term first. The difference between an estimated value and the population’s true value is called an error. Since a sample estimate is used to describe a characteristic of a population. A sample being only a part of …

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