A marketing research company is estimating which of two soft drinks college students prefer. random sample of n college students produced the following 95% confidence interval for the
Proportion of college students who prefer drink A: (.262, .622). Identify the point estimate for
Estimating the true proportion of college students who prefer that drink.
A).442
B).622
C).18
D).262

Question

Quizplus · Accepted Answer

The point estimate for the true proportion is the midpoint of the confidence interval, which is calculated as (0.262 + 0.622) / 2 = 0.442.

A Marketing Research Company Is Estimating Which of Two Soft