Sampling Error
Sampling Error
Sampling Error
Formula
It can be estimated using the following formula:
Sampling error = (Z-score) x (standard deviation of the
population / square root of the sample size)
Where:
The Z-score is the number of standard deviations from
a normal distribution‘s mean corresponding to the desired
confidence level (1.96 for a 95% confidence level).
The standard deviation of the population is the standard
deviation of the variable of interest in the population.
The sample size’s square root equals the sample’s total number
of observations.
This formula calculates the maximum expected difference
between the sample statistic and the proper population
parameter due to chance variation. The size of the error
depends on the confidence level chosen (i.e., the probability of
being correct), the standard deviation of the population, and
the sample size. The error decreases as the sample size
increases, while the Z-score and standard deviation’s effect
remains constant.
Examples
Let us understand it better with the help of examples:
Example #1
Suppose a researcher wants to estimate the average height of
adult males in a city. They randomly sample 100 males from a
population of 100,000 and calculate the mean sample height as
5 feet 10 inches. The researcher then uses this sample mean to
estimate the population means size, assuming that the model
represents the people.
However, the error associated with this estimate is likely to be
large, given the small sample size relative to the population
size. Furthermore, if the standard deviation of heights in the
population is high, the error could be quite large and lead to
incorrect inferences about the population’s mean size.