A random sample of 10161016 adults in a certain large country was asked "Do you pretty much think televisions are a necessity o
r a luxury you could do without?" Of the 10161016 adults surveyed, 517517 indicated that televisions are a luxury they could do without. Obtain a point estimate for the population proportion of adults in the country who believe that televisions are a luxury they could do without. (Round to three decimal places as needed.)
Given that a random sample of 1016 adults in a certain large country was asked "Do you pretty much think televisions are a necessity or a luxury you could do without?"
Of the 1016 adults surveyed, 517 indicated that televisions are a luxury they could do without.
To find out the point estimate of population proportion of adults in the country who believe that televisions are a luxury they could do without.
We find that point estimate is nothing but sample proportion
Sample proportion = favourably voters/total people surveyed