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abdullahkhalidstoday at 1:37 AM0 repliesview on HN

Because the accuracy of an estimated quantity mostly depends on the size of the sample, not on the size of the population [1]. This does require assumptions like somewhat homogenous population and normal distributions etc. However, these assumptions often hold.

[1] https://stats.stackexchange.com/questions/166/how-do-you-dec...