Question

An automotive manufacturer wants to know the proportion of new car buyers who prefer foreign cars overdomestic. Supposed a sample of 879 new car buyers is drawn. Of those sample 298 preferred foreign over domestic cars. Using the data estimate the proportion of new car buyers who prefer foreign cars. Enter your answer as a fraction or a decimal number rounded to three decimal places

Answer 1

0.339

Explanation:

We can determine the proportion since we know the general sample and the specific sample, just like this:

`\begin{gathered} p=(298)/(879) \\ \\ p=0.339 \end{gathered}`

The proportion is 0.339