A worked example
For the data set 10, 12, 23, 23, 16, 23, 21, 16, the mean is 18. The population standard deviation comes out to approximately 4.9, meaning most values sit within about 5 points of the mean. Treating the same data as a sample instead of the full population gives a slightly higher standard deviation of about 5.24, reflecting the extra uncertainty from working with a subset.