A researcher wants to estimate the proportion of manufacturing companies that use the six sigma method.For this purpose, she takes a random sample of 50 manufacturing companies and finds out that 28 of them employ this method.The point estimate for the proportion of the population that uses this method is ______.
A)0.88
B)0.56
C)0.44
D)0.28
E)0.22

Question

Quizplus · Accepted Answer

The point estimate for the proportion of the population that uses the six sigma method is calculated by dividing the number of companies using the method (28) by the total number of companies sampled (50), which equals 0.56.

A Researcher Wants to Estimate the Proportion of Manufacturing Companies