Types of errors in statistics

Errors in statistics or any statistical investigation can be broadly classified in two types:

a)      Sampling errors and b) non sampling errors

a)      Sampling errors: Even after taking care in selecting sample, there may be chances that true value is not equal to the observed value because estimation is based upon a part of the population not on the whole. Hence sampling give rise to certain errors known as sampling errors. Continue reading “Types of errors in statistics”

Share and Like article, please: