Question

A report summarized a survey of 2305 working adults (representative sample of all working adults). The report indicates that 484 of the working adults surveyed said they were very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next five years. Obtain a point estimate for the population proportion of all working adults who very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next five years. Select the correct answer, including appropriate notation.

Answer 1

The point estimate for the population proportion of all working adults who very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next five years is 0.21.

Explanation:

Point estimate of a proportion:

The point estimate of a proportion, from a sample, is the sample proportion.

In this question:

2305 working adults, 484 said they were very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next five years. This means that:

`p = (484)/(2305) = 0.21`

The point estimate for the population proportion of all working adults who very concerned that their job will be automated, outsourced, or otherwise made obsolete in the next five years is 0.21.