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Sample and Population

nickar1172

New member
Dec 11, 2013
20
Reviewing for finals when given a sample of a 8 values {1,2,3,4,5,6,7,8} , when solving for the SD and the variance do I solve for the population variance and SD OR since the question states that it is a sample you solve for the sample SD and variance
 

Barioth

Member
Jan 17, 2013
52
Tacking for granted that SD stand for standard deviation, since you only have a sample there is no way for you to evaluate the SD/variance of the whole population.

Therefore you solve the SD/variance for the sample only.