Answered step by step
Verified Expert Solution
Question
1 Approved Answer
To obtain the best point estimate of the proportion of all adults who say they are underpaid, divide the number of adults who stated they
To obtain the best point estimate of the proportion of all adults who say they are underpaid, divide the number of adults who stated they were underpaid by the total number of adults surveyed, multiply by 100, and convert to a percentage. Step 1: Divide the number of adults who reported being underpaid by the total number of adults polled. 284 557 = 0.509866220735786 Step 2: Multiply by 100 to get a percentage. 0.509866220735786 x 100 = 50.9866220735786% Rounding to the nearest full number yields 51%. So, the best estimate of the percentage of all adults who believe they are underpaid is 51%
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started