The results of a survey indicate that the true proportion of households who want a park in their neighborhood is likely in the interval (0.52, 0.8) . what is the point estimate of the proportion of households who want a park in their neighborhood? enter your answer, as a decimal, in the box.

The point estimate is 0.66

Step-by-step explanation:

The point estimate is the best estimation in a given range. It is usually the midpoint of the range.

Here, we have that the range is (0.52, 0.8) so we need to find the mid point between 0.52 and 0.8

for this, we calculate the difference between these numbers, we divide it by two and then we add it to the smallest number:

d = 0.8 - 0.52 = 0.28

d/2 = 0.28/2 = 0.14

midpoint = 0.52 + 0.14 = 0.66

so the point estimate of the proportion of households that want a park in their neighborhood is 0.66

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step-by-step explanation:

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