"2Question 1Distinguish between the terms population and sample. A complete response should includethe definition for each and examples that demonstrate the difference between the two.(Let's try and use an example where the sample has a reasonable chance of beingrepresentative of the population.)A population is all individual entities under study that is it is a set of all entities under studywhile a sample is a portion of all entities being studied representative of the population that is itis a subset of all entities under study. A sample is obtained when it is impossible to study thewhole population due to size, and therefore you select a portion of the study population and youuse it to draw conclusions representative of the whole population .We may carry out a study toassess satisfaction of students with their majors at a college of 2000 students .We may not be in aposition to interview all students therefore we pick 100 students to interview. In this case thepopulation is all the 2000 students of the college and the 100 students we interview become thesample. Distinguish between the terms parameter and statistic. A complete response should include the definition for each and examples that demonstrate the difference between the two. (Let's not use the example the size of the population and the size of the sample.)Distinguish between the random sample and simple random sample. A complete response should include the definition for each and examples that demonstrate the difference between the two. (Examples here can be difficult. Let's see what you can do.)"