Four friends own a car wash. The total profit in the first month was $438 . In two months, each of the friends had made a profit
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Answer:
0.509
Step-by-step explanation:
Given that a random sample of 1016 adults in a certain large country was asked "Do you pretty much think televisions are a necessity or a luxury you could do without?"
Of the 1016 adults surveyed, 517 indicated that televisions are a luxury they could do without.
To find out the point estimate of population proportion of adults in the country who believe that televisions are a luxury they could do without.
We find that point estimate is nothing but sample proportion
Sample proportion = favourably voters/total people surveyed
=