document.write( "Question 752732: Can you please help assist me with problem I am having a hard time.\r
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document.write( "8) A marketing research company is estimating which of two soft drinks college students prefer. A random sample of n college students produced the following 90% confidence interval for the proportion of college students who prefer drink A: (. 406, . 586). Identify the point estimate for estimating the true proportion of college students who prefer that drink.
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document.write( "A) .0 9 B) . 406 C) . 586 D) . 496
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Algebra.Com's Answer #458005 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! A marketing research company is estimating which of two soft drinks college students prefer. A random sample of n college students produced the following 90% confidence interval for the proportion of college students who prefer drink A: (. 406, . 586). Identify the point estimate for estimating the true proportion of college students who prefer that drink. \n" ); document.write( "------ \n" ); document.write( "The width of every conficence interval is twice the margin of error. \n" ); document.write( "---- \n" ); document.write( "P-hat is the average of the upper and lower bounds of the CI \n" ); document.write( "p-hat = (0.586+0.406)/2 = 0.496 \n" ); document.write( "=================================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "==================== \n" ); document.write( "A) .0 9 B) . 406 C) . 586 D) . 496 \n" ); document.write( " \n" ); document.write( " |