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>
Use the identity:-
a^2 + b^2 = (a + b)^2 - 2ab
Plugging in the given values;-
a^2 + b^2 = 6^2 - 2*7 = 36-14 = 22 Answer
...................it is 1 pound .......................
The expression is 2 x3 + 7 =13