Target Exam

CUET

Subject

-- Applied Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

A sample of 100 fans is taken at random. Out of these 100 fans, 25 fans are Bajaj, 40 of Crompton and 35 fans of Havells. The point estimate of proportion of Havells fans is :

Options:

0.4

0.35

0.25

0.45

Correct Answer:

0.35

Explanation:

The correct answer is Option (2) → 0.35

The point estimate, $\hat p$

$\hat p=\frac{\text{Number of Havel fans}}{\text{Total No. of fans in sample}}$

$=\frac{35}{100}=0.35$