CFA Practice Question

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CFA Practice Question

Seventy-five employees from a large company were randomly surveyed with regard to the length of time they have been working for the company. The sample revealed a mean of 8.2 years and a standard deviation of 2.3 years.

What is the value of the point estimate of the population mean?
A. 75 years
B. 8.2 years
C. 2.3 years

User Contributed Comments 1

User Comment
Bibhu Sample mean is a good estimator of population mean so 8.2 is the answer.
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