Solve the problem. Round the point estimate to the nearest thousandth.
-50 people are selected randomly from a certain population and it is found that 12 people in the sample are over 6 feet tall. What is the point estimate of the proportion of people in the population who are over 6 feet tall?
A) 0.50
B) 0.18
C) 0.76
D) 0.24

Question

Quizplus · Accepted Answer

The point estimate of the proportion is calculated by dividing the number of people over 6 feet tall by the total number of people in the sample: 12/50 = 0.24.

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