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95 randomly picked people were asked if they rented or owned their own, 48 said they...

95 randomly picked people were asked if they rented or owned their own, 48 said they rented,

Obtain a point estimate of the proportion of home owners. Round off to three decimal places.

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Answer #1

sal let X be a number of people who sented Lety be a number of people who owned And, N be a total sample size So, x+y=N Now

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