Explain the term 'Population' as it is used in Statistics. Define (a) Univariate, (b) Bivariate and (c) Multivariate population.
However, in Statistics, the data on any single variable, or a set of variables, for all individual units in a region, constitute the population of that variable, or variables.
Univariate : If the data are on a single variable, the set of measurements constitutes a univariate population of that variable. We have a bivariate or multivariate population of the set variables. For example, we may have a univariate population of prices, or a population of incomes. We may have a bivariate population of height and weights of all individuals in a region.
Multivariate : A multivariate population of expenditures on various items of consumption of all households.