THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Of the 1400 colleges in the United States,370 have two-year schools and 1030 have four-year schools.In a random sample of 40 two-year schools,it was found that 10 of the schools do not have any faculty holding a Ph.D.degree.In an independent random sample of 60 four-year schools,it was found that only 6 of the schools do not have any faculty holding a Ph.D.degree.
-Find an estimate of the proportion of all the colleges that do not have any faculty holding a Ph.D.degree using an unbiased estimation procedure.
Correct Answer:
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1 = 10 / 40 = 0.25 ...
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