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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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True

**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