The results of a poll show that between 75% and 83% of consumers prefer chip a to chip b. what is the point estimate for the percent of consumers that prefer chip a to chip b?

79%
8%
75%
83%

79%

Step-by-step explanation:

First of all, the point estimate is a value located in between the upper confidence limit and the lower confidence limit, it identifies a point in some parameter space.

This question provides us with an interval estimate which is a range of values used to estimate a population parameter.

Interval Estimate = 75% to 83%

75% = Lower confidence limit

83% = Upper confidence limit

Point estimate = middle value

=

= 79%

use this formula:

p(a\b) = p(a and b)/p(b).

take it from here.