Hemoglobin is an iron-containing protein in red blood cells that carries oxygen from the lungs to tissues and returns carbon dioxide back to the lungs. Each hemoglobin molecule contains four heme groups that can each bind one oxygen molecule. Hemoglobin is made up of approximately 3.8% heme and 96.2% globin, which are polypeptide chains composed of amino acids. The document describes Sahli's method for determining hemoglobin content in blood, which involves converting a known volume of blood into acid-hemoglobin and comparing the color to a standard. Normal hemoglobin levels vary based on factors like age, sex, altitude, and medical conditions.