At the local college, a study found that students completed an average of 4.6 classes per semester. A sample of 44 students was taken. What is the best point estimate for the average number of classes per semester for all students at the local college?
Solution:
We are given that: at the local college, a study found that students completed an average of 4.6 classes per semester.
That is:
Sample size = n= 44
We have to find the best point estimate for the average number of classes per semester for all students at the local college.
Since sample mean is an unbiased estimator of population mean, that is: , That is sample mean is the best point estimate of population mean, thus the sample mean : is the best point estimate for the average number of classes per semester for all students at the local college.
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