Statistics for Financial Engineering - Part 1

<h1>Sample and Population</h1> <p>A population refers to the entire group that is the subject of a study, while a sample is a subset of that population.</p> <p>Sampling involves selecting a representative portion of the population to conclude the whole. The goal is to ensure that the sample accurately reflects the characteristics of the larger population, allowing for generalization of findings. Proper sampling techniques are essential for obtaining reliable and valid results in statistical analysis, as studying an entire population may be impractical or impossible.</p> <p><a href="https://nishitchittora.medium.com/statistics-for-financial-engineering-part-1-4841b9e7e9a9"><strong>Read More</strong></a></p>