Question: Solve the problem. Round the point estimate to the nearest thousandth.430 randomly selected light bulbs were tested in a laboratory, 224 lasted more than 500

Solve the problem. Round the point estimate to the nearest thousandth.430 randomly selected light bulbs were tested in a laboratory, 224 lasted more than 500 hours. Find a point estimate of the proportion of all light bulbs that last more than 500 hours.

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