You want to estimate what percentage of people in your town

You want to estimate what percentage of people in your town own a bmw, you call 100 people at random and ask whether they own a bmw if they answer truthfully, why will you still not know what percentage owns a bmw

Solution

This is because of random sampling. We could, by chance, select a sample that shows a completely different proportion than the population. We can construct CI for true population proportion, but we may never know its value (unless we survey entire population)

You want to estimate what percentage of people in your town own a bmw, you call 100 people at random and ask whether they own a bmw if they answer truthfully, w

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