# Representativeness

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## Representativeness

in statistics, an important property of a sample. It consists in the closeness of characteristics of the sample—such as composition and average values—to the corresponding characteristics of the population from which the sample has been taken in accordance with established rules (seeSAMPLE SURVEY).

A judgment as to the degree of representativeness of a sample can be made in two ways. First, the sample is compared with the population with respect to all the characteristics that have been measured in both. Thus, in order to judge the representativeness of the sample households selected for a survey of household budgets, the distribution of households with respect to workers’ wage levels can be compared with the analogous distribution derived from general statistical data. If general data on the distribution are not available, average wage levels can be compared.

Second, a judgment as to the degree of representativeness can be made on the basis of the variability of the statistics under investigation in the sample. For example, if the data of a survey of household budgets indicate that the per capita consumption of bread varies from household to household much less than does the consumption of meat, then the sample can be considered to be more representative with respect to the consumption of bread than it is with respect to the consumption of meat.

The representativeness of a sample is measured by the sampling error, which is the difference between a sampling statistic and the parameter of the population from which the sample was taken. In practice, however, this difference remains unknown. Consequently, there is used as a measure of representativeness the probable value of the difference, as determined by the methods of mathematical statistics, or the root mean square of its possible values (see alsoSAMPLING).

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References in periodicals archive ?
In the judgment of loss probabilities, the availability heuristic plays a central role, while in the interpretation of probabilities, the representativeness heuristic is of importance (Kahneman, Slovic, and Tversky, 1982).
If investors rely on a representativeness heuristic when selecting mutual funds, they will underestimate the tendency of fund performance to mean revert and thus anticipate better relative performance than is realized.
either a forecast revision or a forecast change) is positive, the representativeness heuristic pushes analysts' forecast earnings above the actual earnings.
Even if a high correlation between the ratings cannot be regarded as a proof that probability judgments are driven by proximity judgments (it could be the other way around, or due to a third, common factor), this result is certainly in good agreement with our predictions, in much the same way as judgments of probability could be predicted by judgments of similarity in the classic studies of the representativeness heuristic (Kahneman, 2003; Kahneman & Tversky, 1973).
Therefore, this study examines specific misconceptions involving the representativeness heuristic and the conjunction fallacy of future K-8 teachers with the thought that a better understanding of these misconceptions will guide curricular reforms and lead future teachers to a solid background in probability and statistics.
The first is the representativeness heuristic (RH).
Perhaps the most famous example of the representativeness heuristic involves the likely career of a hypothetical woman named Linda, described as follows: (11) "Linda is 31 years old, single, outspoken, and very bright.
This Part describes several such "cognitive illusions"--hindsight bias, anchoring, the representativeness heuristic, and extremeness aversion--and examines their application to legal decisionmaking, particularly by jurors.
2) We examine three heuristics that have been identified by psychologists: the representativeness heuristic (RH), the availability heuristic (AH), and anchoring and adjustment (AA).
Empirical research has long shown that the representativeness heuristic is descriptive of how individuals make decisions in everyday life and can influence clinical judgment (Dawes, 1994; Garb, 1996).

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