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A sample of 100 LED TVs is taken at random. Out of 100 we found 35 TVs are of Sony, 50 are of LG and 15 are of Samsung. The point estimate of population proportion of LG is

Solution

✅ Correct Option: 3

The sample proportion is the point estimate of the population proportion.

p^=50100=0.5\hat p=\frac{50}{100}=0.5.

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