Mean and variance are two statistics defined for both the population and the sample. What is the difference?
A) The value of the sample mean/variance varies from sample to sample, whereas there is just one value for the population mean/variance.
B) The value of the population mean/variance varies from sample to sample, whereas there is just one value for the sample mean/variance.
C) The value of the sample mean/variance is always less than the value of the population mean/variance, since the sample size is less than the population size.
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