An economist wishes to estimate the proportion of all businesses in the state th
ID: 3159909 • Letter: A
Question
An economist wishes to estimate the proportion of all businesses in the state that employ at most 15 workers. To do so, he examines 100 randomly selected businesses from the state. The population of interest to the economist is defined as
A. All businesses in the state except the 100 businesses in the sample
B. All businesses in the sample that employ at most 15 workers
C. All businesses in the state that employ at most 15 workers
D. The 100 businesses in the sample
E. All businesses in the state
Explanation / Answer
Here it is mentioned that "An economist wishes to estimate the proportion of all businesses in the state that employ at most 15 workers" so population is all the businesses in the state.
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