True or False. A "1 in N chance to include each row" means the resulting number of records will be equivalent to 1/N of the records in the original dataset?

In this context, the statement that "A '1 in N chance to include each row' means the resulting number of records will be equivalent to 1/N of the records in the original dataset" is false. A "1 in N chance" refers to a probabilistic sampling method where each individual row in the dataset has an equal chance of being included in the resulting subset.

However, this does not guarantee that exactly 1/N of the original records will be selected. The actual number of records included will vary based on randomness, which means it could be more, less, or equal to that fraction depending on the results of the random selection process. As a result, it's impossible to assert that the final count will consistently equal 1/N of the original dataset size, making the statement inaccurate.

Probabilistic methods like this are subject to variability, especially in smaller datasets where the chance of selecting a row can significantly influence the outcome. Therefore, the interpretation underlying the statement does not hold true in a general sense.