Randomly selected samples from a larger population prevent bias in statistical procedures while avoiding the hassle of dealing with the entire dataset. If you have a list of entries to pick from in ...

An independent researcher, chartered accountant, lecturer, and financial economist, Dr Evans Duah has highlighted the use of ...

In a recently published news story, we learn about a young doctor, Jake Deutsch, and his personal experience with coronavirus disease 2019. Deutsch tested positive for Covid-19 and checked himself ...

Q: We frequently need to select samples of populations for test of transaction work when auditing or reviewing client financial data. Currently, each staff member uses his or her own sampling method, ...

Sankhyā: The Indian Journal of Statistics, Series B (2008-), Vol. 78, No. 1 (May 2016), pp. 66-77 (12 pages) We consider the problem of unbiased estimation of a finite population mean (or proportion) ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...