From a sample of 500 items,30 were found to be defective.The point estimate of the population proportion defective will be:
A) 0.06
B) 30.0
C) 16.667
D) None of the above

Question

Quizplus · Accepted Answer

The point estimate of the population proportion defective is the ratio of the number of defective items in the sample to the total sample size. Therefore, the point estimate is:

30/500 = 0.06

So the best choice is A, 0.06.

From a Sample of 500 Items,30 Were Found to Be