For the given confidence level and values of x and n, find the following.
x=47,n=98 , confidence level 99.9%
Part: 0 / 30 of 3 Parts Complete
Part 1 of 3
(a) Find the point estimate. Round the answers to at least four
decimal places, if necessary.
The point estimate for the given data is _?
.
Here, we have given that
n=Total number of observations= 98
x= Total number of events out of n = 47
c= confidence level = 99.9% =0.999
Now, we want to find the Point estimate of the given data
We know that Sample proportion is the point estimate of the population proportion p.
= Sample proportion (Point Estimate) =
=
= 0.4796
The point estimate for the given data is 0.4796.
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