Average reading score is given by the expression,
y = 0.153x + 255.4
Here, x in the number of years past 1970.
To find the year in which the average reading score is 259.378, substitute the value of 'y' in the given expression.
y = 0.153x + 255.4
259.378 = 0.153(x) + 255.4
0.153x = 259.378 - 255.4
0.153x = 3.978
x =
x = 26
That means given average reading score 259.378 will be 26 years after 1970.
Therefore, 1996 is the year in which the average reading score will be 259.378.
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Answer:
The point estimate for p is 0.86.
Step-by-step explanation:
We are given that in a marketing survey, a random sample of 730 women shoppers revealed that 628 remained loyal to their favorite supermarket during the past year (i.e. did not switch stores).
Let p = <u><em>proportion of all women shoppers who remain loyal to their favorite supermarket</em></u>
Now, the point estimate for the population proportion (p) is represented by ;
Point estimate for p = =
where, X = Number of women shoppers who remained loyal to their favorite supermarket during the past year = 628
n = sample of women shoppers = 730
So, <u>point estimate for p</u> () =
= = <u>0.86</u>