Statistical sampling definition

Statistical sampling means a method for drawing elements from a population such that all possible elements in the population have a known and specified probability of being drawn and such that the set of chosen elements has approximately the same distribution of characteristics as the population from which it was drawn.
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Statistical sampling means any approach to sampling that has the following characteristics:
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Statistical sampling means any approach to sampling procedure which has the following characteristics –
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Examples of Statistical sampling in a sentence

  • Statistical sampling is strongly encouraged to insure that the manufacturing processes are in statistical control.

  • Statistical sampling techniques to be applied include a combination of random sampling, systematic sampling, and monetary unit sampling.

  • Statistical sampling will be the default sampling procedure unless it is agreed other valid sampling procedures are more appropriate.

  • Statistical sampling of the canisters is envisioned as sufficient to ensure canister integrity and to verify compliance with storage criteria prior to transportation to the geologic repository.

  • Statistical sampling techniques may be used in taking these inventories.

  • Statistical sampling to estimate the Holder's liability may not be used unless the Holder consents to the use of an estimate.

  • Statistical sampling audits will be conducting using the following sample and extrapolation procedure: A computer generated random sample of an appropriate number of invoices/transactions shall be selected from the population of invoices/transactions covering the audit period, (generally three years).

  • Statistical sampling shall utilize a 20% Precision, 80% Confidence, and 0.5 Coefficient of Variance.


More Definitions of Statistical sampling

Statistical sampling means either the use of random-based sampling selection criteria, usually mathematically chosen random transactions throughout the audit period as the test for compliance; or systematic sampling criteria using a fixed interval between selections, the first interval having a random start. A computer program may be used to define and select transactions included in the sample.
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Statistical sampling means a sampling method by which a random,
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