Final answer:
The point estimate for the given values x = 122 and n = 201 is calculated using the formula p' = x / n, which gives us a point estimate of approximately 0.607.
Step-by-step explanation:
To find the point estimate of a proportion given the values of x (number of successes) and n (sample size), you can use the formula p' = x / n. For the given values x = 122 and n = 201, the point estimate p' would be calculated as follows:
- Calculate p': p' = x / n = 122 / 201.
- Perform the division: p' = 0.607 (rounded to three decimal places).
The point estimate is a measure used to estimate the proportion of the population that has a certain characteristic based on a sample. It is a central value that can be used to infer information about the entire population. In this case, the point estimate is approximated to be 0.607.