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During the month of July, an auto manufacturer gives its production employees a vacation period so it can tool up for the new m...Asked by Samantha
during the month of July, an auto manufacturer gives its production employees a vacation period so it can tool up for the new model run. In surveying a simple random sample of 200 production workers, the personnel director finds that 38% of them plan to vacation out of state for at least one week during this period. Is this a point estimate or an interval estimate? Explain.
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Answered by
Ms. Sue
This looks to me like a point estimate.
http://davidmlane.com/hyperstat/B12386.html
http://davidmlane.com/hyperstat/B12386.html