2.3 We Have a Problem
The sample is not the population!
The sample statistics we calculate are not equal to the population statistics!
The sample statistic may differ from the population statistic for a variety of reasons:
- random fluctuation
- bias
- selection bias (the sample may not have been drawn randomly from the population)
- sample size bias3 (some sample metrics will be inherently and systematically different from population metrics just because of the limited size of the sample)
the book glosses over this, so I don’t know if there’s a more standard term than just “bias”↩︎