A survey of 250 households showed 96 owned at least one snow blower. Find a point...

A survey of 250 households showed 96 owned at least one snow blower. Find a point estimate for p, the population proportion of households that own at least one snow blower.

Expert Solution

Solution:

Given:

n = sample size = number of households = 250

x =Number of households owned at least one snow blower = 96

We have to find the point estimate for p, the population proportion of households that own at least one snow blower.

Sample proportion is an unbiased estimator of population proportion, thus Sample proportion is a point estimate for p.

Thus

Thus the point estimate for p, the population proportion of households that own at least one snow blower is 0.384

orchestra answered 2 years ago

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