What is population mean - Definition and Meaning

Population Mean :

Population represents a entire collection of people, animals or any species. Population Mean is a true mean to calculate the mean value for the entire population in the given data set. While sample mean calculates only small samples in the entire population of data.

Example :

A population mean might represent the statistical data of total number of elephants born on the year 2000. While sample mean might be the statistical data of elephants born on 13th June of any year.

Pictograph Positive number