Final answer:
The sample proportion is calculated using the formula p' = x/n, and with x = 116 and n = 200, the sample proportion is p' = 0.58 after rounding to two decimal places.
Step-by-step explanation:
To calculate the sample proportion, you use the formula p' = x/n, where x represents the number of successes and n represents the sample size.
Given your parameters with x = 116 and n = 200, you plug these values into the formula to obtain the sample proportion p'.
So the calculation will be p' = 116/200, which simplifies to p' = 0.58 after rounding to two decimal places.
This value p' = 0.58 is the point estimate for the true population proportion based on the given sample.