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# Sample Statistics Definiton, Overview and Quiz

Unfortunately for practitioners it's difficult to feel 100% confident when you dscribe terms and procedures in Statistics.
1. Define - Define the term Sample Statistic.
2. Context - Use Sample Statistic in a sentence.
3. Quiz - Test yourself.
Updated: February 18, 2021
A focus on the concepts is how analysts avoid getting caught up in the semantics. Learn more below.

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## Understanding Sample Statistic in Finance

Beginner

Sample Statistic refers to the descriptive measure about a sample that is being observed from a population. The goal is to make a statement or inference about a population with a reasonable amount of confidence.

Examples of sample statistics for stocks include: median sales, standard deviation of net income per share or mean debt-to-equity ratio.

Synonym: statistic

For context, the following saying applies to a related term population parameter, "The population parameter is to a population as a sample statistic is to a sample."

As you can see, this clarifies the distinction between the sample and what is being studied.

### In a Sentence

Guy:  It's a sector-neutral beta from a 3-year rolling regression.
Rex:  That's your sample statistic. May I ask, what drives you to be like this Guy?

### Video

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Videos can also be accessed from our YouTube Channel.

### Video Script

If this term had a video, the script would be here.

### Quiz

Click box for answer.

A sample statistic is a measure of the whole population. | True or False?

False

A random selection of 100 stocks refers to which? | Sample or Sample Statistic?

Sample. It describes the procedure of sampling instead of what is being measured.

#### Quesitons of Comments?

Still unclear on Sample Statistic? Check out the Quant 101 Series of financial modeling tutorials in Excel.

### Related Terms

Our trained humans found other terms in the category statistical distributions you may find helpful.

## What's Next?

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