What does the term "Population" or "Universe" mean in statistics?
Answer & explanation
Correct answer: option 2
The correct answer is option 2: The totality of items under study
Population or the Universe in statistics means totality of the items under study. Thus, the Population or the Universe is a group to which the results of the study are intended to apply. A population is always all the individuals/items who possess certain characteristics (or a set of characteristics), according to the purpose of the survey.