Chapter 5 of 10All chapters
Chapter 5 of 10
Sampling
Where conclusions are won or lost.
Randomness matters more than size
A random sample represents the population; a convenient one represents whoever was convenient. A huge biased sample is confidently wrong.
- The 1936 Literary Digest poll had millions of responses and got the election backwards.
- Non-response is a bias: the people who ignored you may differ systematically.
Sample size
Precision improves with the square root of the sample size, so quadrupling the sample halves the margin of error. Beyond a few thousand, extra respondents buy very little.