February 19, 2017

Homework Help: STATS

Posted by Anonymous on Sunday, September 25, 2011 at 11:50pm.

Solve the problem. Round the point estimate to the nearest thousandth.

22 randomly picked people were asked if they rented or owned their own home, 9 said they rented. Obtain a point estimate of the proportion of home owners.
A) 0.290
B) 0.591
C) 0.636
D) 0.409

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