Define population in statistics for economics.

Dear Student,
In Statistics, a population is the entire pool from which a statistical Sample is drawn. A population may refer to an entire group of people, objects, events, hospital visits, or measurements. A population can thus be said to be an aggregate observation of subjects grouped together by a common feature. 
A statistical population is any group of individuals who are the subject of a study, it means that almost anything can make up a population so long as the individuals can be grouped together by a common feature, or sometimes two common features. For example, in a study that is trying to determine the mean weight of all 20-year-old males in the India, the population would be all 20-year-old males in the India.

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