Sampling vs Population: Identifying Study Groups

What type of group are the participants in a study of a new diabetes drug?

What category do the drivers who received a speeding ticket in Halifax last month fall under?

What is the classification of those on welfare in Victoria, BC?

What type of group are the 30 stocks reported as a part of the Toronto Stock Exchange (TSX)?

Which of the following is an example of a population?

Types of Groups in Studies and Categories

Participants in a study of a new diabetes drug belong to a clinical trial group, specifically a group receiving the medication for assessment of its efficacy and safety.
Drivers who received a speeding ticket in Halifax last month are classified as a specific subset of the general population, often referred to as a violator group regarding traffic laws.
Individuals on welfare in Victoria, BC fall under the category of socioeconomically disadvantaged or low-income group, typically receiving government assistance to meet their basic needs.
The 30 stocks reported as part of the Toronto Stock Exchange (TSX) are categorized as a stock index group, representing a specific segment of the market for investment analysis and tracking.
An example of a population is any defined group from which data is collected for analysis, like all residents of a city, all students in a school, or all patients with a specific condition.

Determine whether a group is a sample or a population in various scenarios. Learn to distinguish between the two in statistical studies. Test your understanding with these examples!