Question
Economics Question on Public Economics
What is the difference between a population and a sample?
A
A population is all of the members of a group, while a sample is a subset of the population.
B
A population is a group of individuals, while a sample is a group of data.
C
A population is a group of numbers, while a sample is a group of people.
D
A population is a theoretical concept, while a sample is a real-world observation.
Answer
A population is all of the members of a group, while a sample is a subset of the population.
Explanation
Solution
The correct option is (A): A population is all of the members of a group, while a sample is a subset of the population.