Here are the essential concepts you must grasp in order to answer the question correctly.
Population Proportion
The population proportion, denoted as p, represents the fraction of a population that possesses a certain characteristic. In this context, it refers to the proportion of U.S. adults who understand the function of private browsing mode. It is calculated by dividing the number of individuals with the characteristic by the total number of individuals surveyed.
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Point Estimate
A point estimate is a single value that serves as an approximation of a population parameter. In this case, p^ (p-hat) is the point estimate of the population proportion p, calculated from sample data. It provides a quick estimate of the true population proportion based on the observed sample.
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Complement of a Proportion
The complement of a proportion, denoted as q, represents the proportion of the population that does not have the characteristic of interest. It is calculated as q = 1 - p. In this scenario, q would indicate the proportion of U.S. adults who do not understand the private browsing mode, providing a complete view of the population's knowledge.
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