Systematic Sampling
Definition of 'Systematic Sampling'A method of selecting sample members from a larger population according to a random starting point and a fixed, periodic interval. Typically, every "nth" member is selected from the total population for inclusion in the sample population. Systematic sampling is still thought of as being random, as long as the periodic interval is determined beforehand and the starting point is random. |
|
Investopedia explains 'Systematic Sampling'A common way of selecting members for a sample population using systematic sampling is simply to divide the total number of units in the general population by the desired number of units for the sample population. The result of the division serves as the marker for selecting sample units from within the general population.For example, if you wanted to select a random group of 1,000 people from a population of 50,000 using systematic sampling, you would simply select every 50th person, since 50,000/1,000 = 50. |
Related Definitions
Articles Of Interest
-
Trading The Odds With Arbitrage
Profiting from arbitrage is not only for market makers - retail traders can find opportunity in risk arbitrage. -
5 Ways To Measure Mutual Fund Risk
These statistical measurements highlight how to mitigate risk and increase rewards. -
Using Historical Volatility To Gauge Future Risk
Use these calculations to uncover the risk involved in your investments. -
Arbitrage Squeezes Profit From Market Inefficiency
This influential strategy capitalizes on the relationship between price and liquidity. -
Quants: The Rocket Scientists Of Wall Street
Blend math, finance and computer skills to command a high - and well deserved - salary. -
Calculating The Means
Learn more about the different ways you can calculate your portfolio's average return. -
R-Squared
Learn more about this statistical measurement used to represent movement between a security and its benchmark. -
Mitigating Downside With The Sortino Ratio
Differentiate between good and bad volatility with the Sortino Ratio. -
Quantitative Analysis Of Hedge Funds
Hedge fund analysis requires more than just the metrics used to analyze mutual funds. -
Rule Of 72
Learn more about this quick approximation that can determine roughly the number of years it'll take your money to double.
Free Annual Reports