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Population definition

It's unfeasible or expensive to fully understand the population, so we sample.

Beginner

Population is a statistical term referring to the whole set of data to be studied. In Finance, the population is rarely known so sampling techniques are used to make a best guess about a population.

Synonym: universe


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A sample is to a population as a class is to a school. | True or False?

True

In a Sentence

Eve:  The distribution of P/E ratios for this population  is skewed, thanks to Amazon's lack of earnings.
Pam:  Yeah, everything is a value at Amazon, except its stock.

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Keywords:
population
universe
statistics
estimation
finance
investing
sampling
stocks