The point estimate for the proportion of the population who will vote for this candidate assuming the poll is based on a random sample is 0.4.
It should be noted that point estimate is simply used to calculate a single value of a parameter.
From the information given, the poll of 1500 registered voters is taken and of these, 600 say they will vote for candidate Smith.
Therefore, the point estimate for the proportion of the population who will vote for this candidate assuming the poll is based on a random sample will be:
= 600/1500
= 0.4
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