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Math Help - Statistics-How to find the point estimate of the true proportion?

  1. #1
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    Statistics-How to find the point estimate of the true proportion?

    Problem says: A poll conducted found that 340/780 of voters considered themselves middle class. What is the point estimate for th true proportion of voters wh consider to be middle class?


    So that means .4359 successes and .5641 failures.....

    Thanks.
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  2. #2
    Grand Panjandrum
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    Quote Originally Posted by beetz View Post
    Problem says: A poll conducted found that 340/780 of voters considered themselves middle class. What is the point estimate for th true proportion of voters wh consider to be middle class?


    So that means .4359 successes and .5641 failures.....

    Thanks.
    point estimate of proportion who consider themselves middle class is 340/780 ~=0.4359

    RonL
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