Change 23.46 to a Percent

question 9

Multiple Choice

Change 23.46 to a percent.

• A)0.2346 %
• B)23.46 %
• C)2,346 %
• D) (2,346 %)

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Definitions:

Point Estimate

A single value or statistic that serves as the best guess or best estimate of an unknown population parameter.

Population Proportion

The fraction of members in a statistical population that meet a specified characteristic or criteria, often estimated using sample data.

Defective Items

Products that fail to meet quality standards or specifications and are therefore unsuitable for sale or use.

Estimating P

This refers to the process of determining the probability of success in a given Bernoulli trial or binomial experiment.