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Standard deviation and sample standard deviation

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Reference no: EM132851228

1. When drawing from a population, which sample is likely to have more variance, a small sample or a large sample?

2. Do we use different formulas for calculating the population standard deviation and the sample standard deviation?

3. If you said yes to the above question, why do we use different formulas? If no, why not?

Reference no: EM132851228

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