Attribute Sampling

DEFINITION of 'Attribute Sampling'

A mathematical process used to analyze the characteristics of a given population of subjects. For example, a sampling of returns on an index or security can provide insight into how the subject performs under various market conditions.

BREAKING DOWN 'Attribute Sampling'

An attribute is defined as a specific characteristic or feature of a given subject. In the world of finance, attribute sampling could reveal how many mortgages are past due and how many are current. The attribute in this case would obviously be status of the mortgage payments. However, attribute samplings may be more complex in nature, examining several different variables.

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RELATED FAQS
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    Learn how using representative samples alone is not enough to make sampling bias negligible and why elements such as randomization ... Read Answer >>
  2. What is the difference between systematic sampling and cluster sampling?

    Learn about the differences between systematic sampling and cluster sampling, including how the samples are created for each ... Read Answer >>
  3. What's the difference between a representative sample and a convenience sample?

    Learn the difference between convenience sampling and representative sampling and the advantages and disadvantages of each ... Read Answer >>
  4. What's the difference between a representative sample and an unbiased sample?

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  5. What's the difference between a representative sample and a random sample?

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