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1. What is the difference between population proportion vs sample proportion vs probability? Please explain.

1. What is the difference between population proportion vs sample proportion vs probability? Please explain.

Math   Statistics-And-Probability   
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Answer #1

Population proportion : A population proportion is a fraction of the population that has a certain characteristic.

Sample proportion : A population proportion is a fraction of the sample (a selected part of population) that has a certain characteristic.

Probability : Probability is a numerical description of how likely an event is to occur or how likely it is that a proposition is true.

All these three values vary between 0 to 1.

where probability is a measure of uncertainty, whereas proportion is a measure of certainty.

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