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

You have a mortgage payment of 1248.90. using proportions, what is the minimum amount you must have in realized income per month to keep your housing expense in the acceptable range