A sample of 5 clusters is to be taken from a population with N = 30 clusters and M = 420 clusters in the population.The values of Mi and ai are shown below.
a.Determine the point estimator of the population proportion.
b.Determine an approximate 95% confidence interval estimate for the population proportion.
Definitions:
Capital Gain
The profit earned from the sale of an asset or investment exceeding its purchase price.
Paid-In Capital
The total amount of money shareholders have invested in a company through the purchase of stock, excluding any stock purchased on secondary markets.
Par Value
The nominal or face value of a bond, stock, or other financial instrument, as stated by the issuer.
Land
A real estate property, constituting the earth's surface with specific boundaries, not including any structures unless specified.
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