Cosmic variance
The term cosmic variance is the statistical uncertainty inherent in observations of the universe at extreme distances. It has three different but closely related meanings:

It is sometimes used, incorrectly, to mean sample variance – the difference between different finite samples of the same parent population. Such differences follow a Poisson distribution, and in this case the term sample variance should be used instead. It is sometimes used, mainly by cosmologists, to mean the uncertainty because we can only observe one realization of all the possible observable universes. For example, we can only observe one Cosmic Microwave Background, so the measured positions of the peaks in the Cosmic Microwave Background spectrum, integrated over the visible sky,  are limited by the fact that only one  spectrum is observable from Earth.