Tag: population

Yearly Probability Of Living

Yearly Probability Of Living What is 'Yearly Probability Of Living ' A numerical figure that depicts the likelihood of someone living...

One-Child Policy

DefinitionThe one-child policy, a part of the family planning policy, was a population planning policy of China. It was introduced in 1979 and began...

Sampling Error

DefinitionIn statistics, sampling error is incurred when the statistical characteristics of a population are estimated from a subset, or sample, of that population. Since...

Sampling

What is 'Sampling' Sampling is a process used in statistical analysis in which a predetermined number of observations are taken from a...

Sample Selection Bias

DefinitionIn statistics, sampling bias is a bias in which a sample is collected in such a way that some members of the intended population...
sampling distribution

Sampling Distribution

What is a sampling distribution A sampling distribution is a function that shows how a statistic varies across different samples of data drawn from a...

Participation Rate

DefinitionThe workforce or labour force is the labour pool in employment. It is generally used to describe those working for a single company or...

Underbanked

DefinitionThe underbanked is a characteristic describing people or organizations who do not have sufficient access to mainstream financial services and products typically offered by...

Ultimate Mortality Table

What is 'Ultimate Mortality Table' A mortality table that lists the death rates of insured persons of each sex and age group...

Unbanked

DefinitionThe unbanked are adults who do not have their own bank accounts. Along with the underbanked, they may rely on alternative financial services for...

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