close
    1. Home
      2. ›
    2. Uncategorized
      3. ›
    3. 28 randomly picked people were asked if they rented or owned their own home, 20 said they rented. Obtain a point estimate of the proportion of home owners.
    28 randomly picked people were asked if they rented or owned their own home, 20 said they rented. Obtain a point estimate of the proportion of home owners.

    Answer this
    0  Views: 3613 Answers: 1 Posted: 13 years ago
    Tags: margin of error statistics
    Comment this question

      1 Answer

      8/28 = 28.57% own homes. 

      13 years ago. Rating: 1
      Comment this answer

        doolittle

        that is a pecentage..is that what s/he meant by point estimate? WoW I learned something today! Groovy!
        commented 13 years ago


        Did this answer your question? If not, then ask a new question.

        Top contributors in Uncategorized category

         
        ROMOS
        Answers: 18061 / Questions: 154
        Karma: 1102K
         
        Colleen
        Answers: 47269 / Questions: 115
        Karma: 953K
         
        country bumpkin
        Answers: 11322 / Questions: 160
        Karma: 838K
         
        Benthere
        Answers: 2392 / Questions: 30
        Karma: 760K
        > Top contributors chart

        Unanswered Questions

        tap88org
        Answers: 0 Views: 3 Rating: 0
        qh88iico
        Answers: 0 Views: 8 Rating: 0
        dagathomoone
        Answers: 0 Views: 14 Rating: 0
        Good88
        Answers: 0 Views: 12 Rating: 0
        Bryce Hamilton
        Answers: 0 Views: 11 Rating: 0
        Bryce Hamilton
        Answers: 0 Views: 11 Rating: 0
        PK14 me
        Answers: 0 Views: 13 Rating: 0
        TX88
        Answers: 0 Views: 11 Rating: 0
        > More questions...
        488235
        questions
        724844
        answers
        820085
        users