2. Do You Ever Feel Homesick? (3.60 from textbook) According to a survey by the UCLA Higher Education Institute, 69 percent of the first-year college students in the sample reported feeling homesick. If we use this sample to generalize to a population, the margin of error for the estimate is 2%, using a 95% confidence level.

Is the quantity we are estimating a parameter or a statistic? Give correct notation and clearly define it.