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Definition of

sample size


number of individuals in subgroup to be investigated the number of individuals included in a statistical survey

Recommended Further Reading (Term count)
  • The Effect of SOX on Internal Control, Risk Management, and Corporate Governance Best Practice
    by David A. Doney
    The Sarbanes–Oxley Act of 2002 was passed in the context of a series of high-profile corporate scandals, a brief recession, and the events of 9/11. These factors were cited by President George W. Bush as a threat to investor confidence and the US economy overall. He also declared: “This law says to every dishonest corporate leader: you will be exposed and punished; the era of low standards and false profits is over; no boardroom in America is...
  • Central Limit Theorem
    The central limit theorem (CLT) is a statistical theory which holds that, given a sufficiently large sample size from a sufficiently varied population, the mean of all results will be approximately equal to the mean of the population. In addition, samples will roughly follow a Normal distribution pattern (i.e., a bell-shaped curve), with variances reflecting the variance of the source population, divided by the sample size. As a rule of thumb, a...
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    In some jurisdictions law or regulation may require effective systems of internal control, with serious penalties for irresponsible failure. The Sarbanes–Oxley Act (2002) requires CEOs and CFOs of companies with listings in the United States to certify their assessment of the effectiveness of internal control over reported disclosures (s302) and financial reporting (s404), with penalties of up to $1 million and ten years imprisonment for...
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    This refers to the number of incidences of a specific outcome in a series of events or trials. For example, how many times you throw the number three when rolling a die 10 times.

Definitions of ’sample size’ and meaning of ’sample size’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’sample size’ and other financial terms with our online QFINANCE Financial Dictionary.

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