Examlex
Which product cost is most difficult to associate with a product?
Sampling Error
Refers to the error caused by observing a sample instead of the whole population.
Sampling Error
The discrepancy between the statistical measures of a sample and the actual parameters of the whole population.
Sample
A group chosen from the larger population for the purpose of collecting statistical data through observation or questioning.
Population
The entire group of individuals or items that is the subject of a statistical analysis.
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