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In the context of sampling, 'without replacement' means that once a sample is selected, it is not returned to the pool for potential selection again. This approach reduces the total number of options available for subsequent selections, which can affect the outcome of your study. When you’re implementing sampling move out without replacement, each chosen element influences the chances of selecting the next element.
Sampling with replacement has two advantages over sampling without replacement as I see it: 1) You don't need to worry about the finite population correction. 2) There is a chance that elements from the population are drawn multiple times - then you can recycle the measurements and save time.
In sampling without replacement, the two sample values aren't independent. Practically, this means that what we got on the for the first one affects what we can get for the second one. Mathematically, this means that the covariance between the two isn't zero. That complicates the computations.
Without replacement: When sampling is done without replacement, each member of a population may be chosen only once. In this case, the probabilities for the second pick are affected by the result of the first pick.
When you select records randomly from a larger data set (or some master database), you can achieve the sampling in a few different ways, including: sampling without replacement, in which a subset of the observations are selected randomly, and once an observation is selected it cannot be selected again.