Point Estimate

aspi

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Nov 7, 2010
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22 randomly picked people were asked if they rented or owned their own home, 9 said they rented. Obtain a point estimate of the proportion of home owners.
 
aspi said:
22 randomly picked people were asked if they rented or owned their own home, 9 said they rented. Obtain a point estimate of the proportion of home owners.

Please show us your work, indicating exactly where you are stuck - so that we may know where to begin to help you.
 
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