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During a Biodiversity Sampling Exercise, an Undergraduate Found 52 Species

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During a biodiversity sampling exercise, an undergraduate found 52 species of bees in one area of campus yet calculated that there were probably 72 species of bees in that specific area of the campus. Why is there typically a discrepancy between the number of different species caught and the calculated value of how many species probably exist in an area?


Definitions:

Trustee

An independent party appointed to represent the bondholders.

Selling Price

The price at which a product or service is offered for sale to consumers.

Callable Bonds

Bonds containing a call feature that allows the bond issuer the option of retiring the bonds early.

Early Retirement

Refers to the act of ending one's professional career or employment before reaching the conventional retirement age.

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