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Sampling

What is Sampling?

Sampling involves selecting a subset of data from within a larger population of interest to draw statistical inferences about characteristics of the whole.

Key Features:

  • Random assignment prohibits selection bias through a chance process
  • Sample size influences analysis precision and generalizability
  • Stratified sampling balances subgroup representation

Example:

A market research firm conducted an online survey of 500 consumers, randomly drawn from a customer database of 50,000, to assess brand perceptions.

Takeaways:

Well-designed sampling allows accurate conclusions about large populations from relatively small datasets when limitations of available data are accounted for. Non-random techniques undermine validity. Representative subsets yield helpful insights across varied applications in science, business and polling.

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