document.write( "Question 1182735: Use the sample data and confidence level given below to complete part a.\r
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document.write( "A research institute poll asked respondents if they felt vulnerable to identity theft. In the poll, n=990 and x=580 who said \"yes.\" Use a 99% confidence level.\r
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document.write( "a) Find the best point estimate of the population proportion p.\r
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document.write( "(Round to three decimal places as needed.) \n" );
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Algebra.Com's Answer #849906 by CPhill(1987) You can put this solution on YOUR website! The best point estimate of the population proportion *p* is simply the sample proportion. It's calculated as:\r \n" ); document.write( "\n" ); document.write( "Sample proportion (p̂) = (Number of successes) / (Sample size)\r \n" ); document.write( "\n" ); document.write( "In this case:\r \n" ); document.write( "\n" ); document.write( "p̂ = x / n = 580 / 990 ≈ 0.586\r \n" ); document.write( "\n" ); document.write( "So, the best point estimate of the population proportion *p* is approximately **0.586** or **58.6%**. \n" ); document.write( " \n" ); document.write( " |