Is given a point estimate or an interval estimate

Reference no: EM131405136

During the month of July, an auto manufacturer gives its production employees a vacation period so it can tool up for the new model run.

In surveying a simple random sample of 200 production workers, the personnel director finds that 38% of them plan to vacation out of state for at least one week during this period. Is this a point estimate or an interval estimate? Explain.

Reference no: EM131405136

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