For example, in my textbook there are formulas like POPULATION Coeficient of Variation and SAMPLE coeficient variation. Also Standarized POPULATION data and Standarized SAMPLE data. I don't know when should i use the formulas for population or for Sample!
Help Please!
IN STATISTICS, What's the difference between POPULATION and SAMPLE?
These are exactly what they say they are:
Population is the entire objects or specimens you are concerned with.
Sample or random sample is just that a random sample of the population.
an example of a populations could be all males between the ages of 24-30. an example of a sample would be a handful of those males. Note that a sample is always taken from a certain population and is always smaller in number.
Reply:I need more time to think about this question.
Reply:have a look here:
http://www.stats.gla.ac.uk/steps/glossar...
in short - as already said, population is the whole, sample is a part of the population (if well chosen it has the same characteristics as the population) - that's how e.g. market research works - you can't ask millions of consumers if you want to know how a new product would be liked so you chose a sample that has the same characteristics as the target group for which you make a product and ask only a few hundred people.
Reply:In most studies, it is difficult to obtain information from the entire population. We rely on samples to make estimates or inferences related to the population.
Like if you are cooking a pot of soup(population), and you take a spoon full(sample) to see how it tastes. So although you didn't eat the entire pot of soup, you have a general idea of how it tastes.
Reply:population means the population of the whole area
sample means a sample of people taken out of the population to be tested or studied.
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