Respuesta :
The point estimate, p which is the population proportion which is estimated from the sample would be 0.24.
The point estimate is defined and obtained using the relation :
- [tex] \frac{x}{n} [/tex]
- x = number of cases where driver is inadequately insured
- n = sample size
Hence,
The pint estimate = [tex] \frac{24}{100} = 0.24[/tex]
Therefore, the point estimate for, p would be 0.24.
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