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In statistics, a sampling distribution is the probability distribution, under repeated sampling of the population, of a given statistic (a numerical quantity calculated from the data values in a sample).
The formula for the sampling distribution depends on the distribution of the population, the statistic being considered, and the sample size used. A more precise formulation would speak of the distribution of the statistic for all possible samples of a given size, not just "under repeated sampling".
For example, consider a very large normal population (one that follows the so-called bell curve). Assume we repeatedly take samples of a given size from the population and calculate the sample mean (the arithmetic mean of the data values) for each sample. Different samples will lead to different sample means. The distribution of these means is the "sampling distribution of the sample mean" (for the given sample size). This distribution will be normal since the population was normal. (According to the central limit theorem, if the population is not normal but "sufficiently well behaved", the sampling distribution of the sample mean will still be approximately normal provided the sample size is sufficiently large.)
The standard deviation of the sampling distribution is referred to as the standard error and may be estimated using the formula:
where is the standard deviation of the population distribution and N is the size (number of items) in the sample.
A very important implication of this formula is that you must quadruple the sample size (4×) to achieve half (1/2) the measurement error. When designing statistical studies where cost is a factor, this may have a factor in understanding cost-benefit tradeoffs.
Alternatively, consider the sample median from the same population. It has a different sampling distribution which is generally not normal (but may be close under certain circumstances).
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