A school administrator wants to know what proportion of the approximately 80,000 teachers in their state have a Master's degree. The administrator takes an SRS of 100 teachers from a statewide database containing every teacher, and they find 55 teachers in the sample have a Master's degree. The administrator will construct 95% confidence interval. Based on above sample what is the statistic? 80,000 80 100 0.55 0.95

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A:

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Average

In mathematics, everyone must have heard the term average in one place or other. Almost all types of calculation require taking out an average. In everyday life, the term is used for denoting a certain amount that can be said to be a typical quantity for multiple people or objects. In other words, if a group of people possesses a certain object, then the average gives us an idea regarding the quantity of the object possessed by each person. However, this is solely based on mathematical calculation. It is important to note that most people will not strictly have the average value in a group.