Provide an Appropriate Response $p$ , the Population Proportion of Students Who Have Previously Owned

Multiple Choice

Provide an appropriate response.
-When 500 junior college students were surveyed, 120 said that they have previously owned a motorcycle. Find a point estimate for $p$ , the population proportion of students who have previously owned a motorcycle.

A) $0.240$
B) $0.760$
C) $0.316$
D) $0.194$