Subject: Econometrics

My score: 45 out of 100. Your Task is to estimate the AVERAGE SCORE. Facts: 49 students took the test, 44 took the regular test, and 5 took the makeup test. Because of privacy rules, you can only access your own grades. Thus, the population data consist of 49 observations, and you can see only one. There may be a chance that you can improve your estimation(For example Law of large numbers, etc). Provide a estimation and defend your estimation result properly.