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1. Population- This refers to a set of all possible measurements. This is an ideal that can only be approached. Greek letters are used to symbolize population statistics.
A population is any entire collection of people, animals, plants or things from which we may collect data. It is the entire group we are interested in, which we wish to describe or draw conclusions about.
2. Sample- distinction between sample and population statistics is most important for a small number of measurements (less than 20).
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