Concept explainers
To find: The best point estimate of the proportion of adults in the population who say that the law goes easy on celebrities.
Answer to Problem 1CQQ
The point estimate of the proportion of adults in the population who say that the law goes easy on celebrities is 0.72.
Explanation of Solution
Given info:
The 95% confidence
Calculation:
Point estimate
The formula for point estimate
Substitute 0.748 for upper confidence limit and 0.692 for lower confidence limit in the point estimate formula.
Thus, the best point estimate of the proportion of adults in the population who say that the law goes easy on celebrities
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Chapter 7 Solutions
Elementary Statistics Using Excel (6th Edition)
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