Question

A student conducted a survey of all 500 employees in a company. He calculated the population mean of the number of cars they owned to be x%. He calculated the proportion of employees who drove a car to work to be y%. . . Another student conducted a survey of a sample of 10 employees in the same company. She found the sample mean of the number of cars they owned to be p%. She found the sample proportion of employees who drove a car to work to be q%. Which parameter would be considered to be point estimates?

Answer 1

Answer: p and q

Explanation:

We know that the sample proportion is the best estimate to the population proportion. (1)

Given : A student conducted a survey of all 500 employees in a company. He calculated the population mean of the number of cars they owned to be x%. He calculated the proportion of employees who drove a car to work to be y%.

Another student conducted a survey of a sample of 10 employees in the same company.

She found the sample mean of the number of cars they owned to be p%. She found the sample proportion of employees who drove a car to work to be q%.

i.e. From (1) p% is the best estimate for x% and q% is the best estimate for y%.

Hence, the parameter would be considered to be point estimates are : p and q

Answer 2

The parameter which would be considered to be point estimates is p and q. I am hoping that this answer has satisfied your query about and it will be able to help you, and if you’d like, feel free to ask another question.