According to statistics reported on CNbC, a surprising number of motor vehicles are notcovered by insurance. Sample results, consistent with the CNbC report, showed 46 of 200vehicles were not covered by insurance.a. What is the point estimate of the proportion of vehicles not covered by insurance?b. Develop a 95% confidence interval for the population proportion.

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Types of Bias

Statistics is the study of data collection, organization, analysis, interpretation, and presentation. Statistical bias is a characteristic of a statistical technique or its findings in which the expected value deviates from the actual root quantitative parameter being estimated. According to the actual definition of bias, it refers to the tendency of a statistic to overestimate or underestimate a parameter.