In a survey of 300 individuals for their response for a new product, 165 gave a positive response, 25 were non-committal and the rest gave a negative response. The point estimate of the proportion of the population who gave a positive response is : |
$\frac{19}{30}$ 0.55 0.65 0.60 |
0.55 |
The correct answer is Option (2) → 0.55 The point estimate of the proportion of population, $P=\frac{\text{Number of Positive Responses}}{\text{Total Individual surveyed}}$ $=\frac{165}{300}=0.55$
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