Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Representative and random sampling help ...

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Dr. JeFreda R. Brown is a financial consultant, ...

Perhaps you saw the headlines this weekend: “Sexting: Just About Everyone’s Doing It,” from Discovery News, or “Online survey finds 8 in 10 adults have engaged in sexting,” from CNN. Wow – that’s ...

The way people make decisions often seems irrational. One explanation for this behavior is that they seek evidence that confirms what they already believe, a phenomenon called 'confirmation bias'. But ...

Sampling is the process of collecting some data when collecting it all or analyzing it all is unreasonable. Before addressing why sampling still matters when massive amounts of data are available and ...