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) $0.194$

Question

Quizplus · Accepted Answer

The point estimate for $p$, the population proportion, is found by dividing the number of students who have previously owned a motorcycle by the total number of students surveyed. Thus, $p = \frac{120}{500} = 0.240$.

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

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