SOLUTION: In a survey of 2383 U.S adults, 1073 think that there should be more government regulation of oil companies. Find the point estimate for the population proportion p of U.S adults w

SOLUTION: In a survey of 2383 U.S adults, 1073 think that there should be more government regulation of oil companies. Find the point estimate for the population proportion p of U.S adults w

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Question 1153668: In a survey of 2383 U.S adults, 1073 think that there should be more government regulation of oil companies. Find the point estimate for the population proportion p of U.S adults who think that there should be more government regulation of oil companies.
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
The point estimate is 1073/2383 or 0.450. It is the best guess, and that is the proportion that was shown.
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