Findinng the proportion

Question

Using sample data A confidence level of 95% N=2392 x=971 What is the best point estimate of the population proportion P.  Please round 3 places. Thanks

Answer 1

Hello, thank you for taking the time to post your question!

The best point estimate that you can do here is by taking x / N … so that ends up being 971 / 2392 = 0.406 for this data set.

Hopefully that gets you moving in the right direction! Feel free to reach out if you have any questions beyond that on the simplification :)