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Solve the Problem. -30 Randomly Picked People Were Asked If They Rented or They

question 40

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Solve the problem.
-30 randomly picked people were asked if they rented or owned their own home, 30 said they rented. Obtain a point estimate of the true proportion of home owners.


Definitions:

Exposure Therapy

A psychological treatment method that involves confronting fears directly and in a controlled manner to reduce the fear response over time.

Dread

An intense fear or apprehension about something that is about to happen or that might happen.

Subsides

Decrease in intensity or severity; often used to describe the diminishing of symptoms or conditions over time.

Self-actualize

The attainment and utilisation of one's skills and possibilities, viewed as an innate motivation or requirement existing in every person.

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