Multiple Choice
Solve the problem. Round the point estimate to the nearest thousandth.
-32 randomly picked people were asked if they rented or owned their own home, 8 said they rented. Obtain a point estimate of the proportion of home owners.
A) 0.200
B) 0.781
C) 0.250
D) 0.750
Correct Answer:
Verified
Correct Answer:
Verified
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