Round the point estimate to the nearest thousandth.368 randomly selected light bulbs were tested in a laboratory, 94 lasted more than 500 hours. Find a point estimate of the proportion of all light bulbs that lastmore than 500 hours.O 0.255O 3.9150.749O 0.251

Given Data Sample Size, n = 368 Number of successes, x = 94

Answered: Round the point estimate to the nearest…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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Round the point estimate to the nearest thousandth. 368 randomly selected light bulbs were tested in a laboratory, 94 lasted more than 500 hours. Find a point estimate of the proportion of all light bulbs that last more than 500 hours. O 0.255 O 3.915 0.749 O 0.251