Solve the Problem

question 166

Multiple Choice

Solve the problem. Round the point estimate to the nearest thousandth.
-32 randomly picked people were asked if they rented or owned their own home, 8 said they rented. Obtain a point estimate of the proportion of home owners.

• A) 0.200
• B) 0.781
• C) 0.250
• D) 0.750