Solve the problem. Round the point estimate to the nearest thousandth.

Question

22 randomly picked people were asked if they rented or owned their own home, 9 said they rented. Obtain a point estimate of the proportion of home owners.
A) 0.290
B) 0.591
C) 0.636
D) 0.409

Answer 1

(22-9)/22 = ?

Answer 2

B) 0.591