Assignment 2 Explain the difference between the following: 1. A population parameter and its point estimate. 2. A population and a corresponding sample mean 3. Explain in your own words: range, variance and standard deviation for a population Answer Exercises: 2.16, 2.28, 3.3, 3.19, and 3.31 NOTE : SHOW ALL THE CALCULATIONS - (YOU WILL NOT GET ANY CREDIT IF YOU DO NOT SHOW ALL THE CALCULATIONS ) REQUIRED TEXT Business Statistics in Practice, 7/e By Bruce L. Bowerman, Richard T. O'Connell and Emily S. Murphree 7th Edition ISBN: 978-0-07-352149-7 .