Oversampling the wealthy enables valid estimates for top strata.

Evidence

The over-sampling of high net-worth households in the SCF allows us to calculate valid estimates for the smaller groups at the top. We utilize survey weights in order to render our descriptive estimates representative of the population of US households. β€” Neil Fligstein & Adam Goldstein, The Emergence of a Finance Culture in…, 72

Categorization

  • XREF: Connects to the Survey of Consumer Finances design literature and to methodological debates about studying elites.