QUESTION IMAGE
Question
use the sample data and confidence level given below to complete parts (a) through (d).
a research institute poll asked respondents if they felt vulnerable to identity theft. in the poll, ( n = 1033 ) and ( x = 593 ) who said \yes.\ use a 95% confidence level.
click the icon to view a table of z scores.
a) find the best point estimate of the population proportion p.
(round to three decimal places as needed.)
Step1: Recall the formula for point - estimate of population proportion
The formula for the point - estimate of the population proportion \(p\) is \(\hat{p}=\frac{x}{n}\), where \(x\) is the number of successes and \(n\) is the sample size.
Step2: Substitute the given values into the formula
Given \(n = 1033\) and \(x = 593\), we have \(\hat{p}=\frac{593}{1033}\).
Step3: Calculate the value
\(\frac{593}{1033}\approx0.574\)
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\(0.574\)