De-Mystifying Statistical Sampling: Extrapolation And Interpretation

What Litigators Should Know About Statistical Sampling in Labor and Employment Disputes

With statistical sampling, counsel can simplify damage analyses, avoid potential issues with incomplete or missing data, and minimize the risk of error.

Questions Counsel Should Ask After the Analysis Has Been Conducted:

• What are sample statistics?
• How do those sample statistics relate to the population?
• How do I extrapolate and interpret the results?

Recap From Last Time
In our prior article, we discussed sample sizes and how they are derived based on the desired margin of error (MOE) and confidence level, what statistical inference means, and different types of sampling methodologies. The goal of statistical inference is to use the sample to estimate features of the population, and the confidence and precision (i.e., MOE) of those estimates are a function of the number of observations in the population and in the sample.