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Novosadov [1.4K]
3 years ago
14

A random sample of 84 shoppers were interviewed and 51 said they prefer to shop alone rather than with someone else. let p repre

sent the proportion of all shoppers at this mall who would prefer to shop alone. find a point estimate (p hat) for p.
Business
1 answer:
Dmitry [639]3 years ago
7 0
The point estimate or p hat is a single value that shows the best estimation of a certain parameter among a population.

To calculate point estimate, we divide the parameter by the whole population.

In case of this problem:
p hat = 51/84 = 0.607

To get the percent, we multiply the output by 100:
% of point estimate = 0.607 x 100 = 60.7%
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<u>Answer:</u>

<em>A. Associate's degree program </em>

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2 years ago
​When participants in one treatment condition have characteristics that are different from the characteristics of participants i
maw [93]

Answer:Internal validity

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4 0
3 years ago
Question 3 Fill in the blank: Curiosity, understanding context, having a technical mindset, data design, and data strategy are _
vladimir1956 [14]

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<h3>What are analytical skills?</h3>

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8 0
1 year ago
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enyata [817]

Answer:

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If the existing firms will be having negative profits, the firms having loss will exit the market. This will reduce market supply. As a result, the price level will increase. This will go on until all firms will have zero economic profits.  

Similarly, if the existing firms are having positive economic profits in the long run, the other firms will enter the market. This will increase the market supply such that the price level decreases. This will go on till all the firms will be having zero economic profits.

5 0
3 years ago
Complete the following sentence.
grandymaker [24]

Answer:

Crucial or important?

Explanation:

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3 years ago
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