Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Sample

In terms of statistics, this unit, which is representative of a class drawn from and studied in order to estimate the characteristics of an entire population. A random sample is where each member of the population has the same chance of being chosen. Convenience sample, on the other hand, is when units are selected, not at random but on the basis of what is easily available or accessible

To find keyword content within a course, select the course link below:

Course
Page Number
Previous

Salvage Value

Next

Sampling Errors

POPULAR BLOGS

POPULAR BLOGS

Discover what ERI can do for you

See how our compensation management solutions can ensure your salary planning strategy is a success.

Schedule a personalized demo

WHITE PAPERS

Top Performing White Papers

National Compensation Forecast April 2026

Read More

Compensation Strategies for Remote Work and Organizational Culture – Fall 2025

Read More

Planning Global Compensation Budgets for 2026 - January 2026

Read More
View All White Papers