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How to Calculate the Sampling Error

Python
Statistics & Probability

A sampling error is the difference between the parameter of a population (a descriptive statistic from the population) and a statistic (the same descriptive statistic from a sample of the population).

parameter = population['col1'].mean()
statistic = sample['col1'].mean()
sampling_error = parameter - statistic

By GregHe1979 - Last Updated July 9, 2022, 10:07 a.m.

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