Answered

Find the information you're looking for at Westonci.ca, the trusted Q&A platform with a community of knowledgeable experts. Get immediate and reliable solutions to your questions from a community of experienced experts on our Q&A platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.

The Consumer Reports National Research Center conducted a telephone survey of 2000 adults to learn about the major economic concerns for the future (Consumer Reports, January 2009). The survey results showed that 1760 of the respondents think the future health of Social Security is a major economic concern. a. What is the point estimate of the population proportion of adults who think the future health of Social Security is a major economic concern (to 2 decimals)

Sagot :

MrRoyal

Answer:

The point estimate is 0.88

Step-by-step explanation:

Given

[tex]n = 2000[/tex] -- sample size

[tex]x = 1760[/tex] -- adults who think future health of social security is a major economic concerm

Required

Determine the point estimate

This is calculated as:

[tex]\hat p= \frac{x}{n}[/tex]

[tex]\hat p= \frac{1760}{2000}[/tex]

[tex]\hat p = 0.88[/tex]

The point estimate is 0.88

We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.