A recent survey asked 8,374 individuals: What’s most important to you when choos

Question

A recent survey asked 8,374 individuals: What’s most important to you when choosing where to live? The responses are shown by the following frequency distribution.

Calculate the point estimate of the population proportion of those who believe that low crime is most important. (Round your answer to 2 decimal places.)

Calculate the point estimate of the population proportion of those who believe that good jobs or affordable homes are most important. (Round your answer to 2 decimal places.)

Point estimate  

A recent survey asked 8,374 individuals: What’s most important to you when choosing where to live? The responses are shown by the following frequency distribution.

Explanation / Answer

A) THE TOTAL INDIVIDUALS ARE = 8374

WHILE THE INDIVIDUALS WHO FAVORED LOW CRIME = 1507

PROPORTION = 1507/8374 = 17.99%

B) TOTAL WHO FAVOR GOOD JOBS = 3412

WHO FAVOR HOMES = 1802

THEREFORE THE SUM OF BOTH = 3412+1802 = 5214

THE PROPORTION = 5214/8374 = 62.26%

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