Estimate of the proportion of people


In recent years more people have been working past the age of 65. In 2005, 27% of people aged 65 - 69 worked. A recent report from the Organization for Economic Co-operation and Development (OECD) claimed that percentage working had increased (USA Today, November 16, 2012). The findings reported by the OECD were consistent with taking a sample of 600 people aged 65-69 and finding that 180 of them were working.

a. Develop a point estimate of the proportion of people aged 65-69 who are working (to 2 decimals).

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Basic Statistics: Estimate of the proportion of people
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