7-1 (Estimating a Population Proportion) 1) What is a point estimate, as the term is used in Applied Statistics? a) An estimate of a point b) A one number estimate for a population parameter. c) A several number estimate. d) An estimate based on non-random data. 2) In section 7-2, we seek to estimate the population proportion, p. What is the best point estimate for p? a ) o b) p c) J d) q 3) While p represents the probability of success in one trial, q represents the probability of "failure" on any one trial. What is the relationship between p and q? b) q = p+ 1 c) q =p-1 d) q= 1-p a) p= q+1