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Excel Stat for Dummies - What's the difference between STD.P and STD.S

I have a group of values which I need to get the standard deviation of.  Which STD formula should I use?
What's the difference between population and sample STD?  
You can furnish links or videos if that is helpful.  I am not a math major.
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Why?
What's the logic behind the two formulas.
There's a minus 1 in the sample formula which seems like an arbitrary.  why not 2 or 3?
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