Sample vs. Population in Statistics: What's the Difference?
Example
If the population is every customer of a store, a survey of 200 customers is a sample.
Sampling Error
Estimates from a sample differ from the true population value by chance; larger random samples generally reduce this error.
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Last updated: September 27, 2026. This definition is for general educational purposes only. It is not financial, investment, tax, legal, or medical advice, and it does not recommend any product or course of action. For decisions about your own situation, consult a qualified professional.