Hello everyone, I have one math question that I would like someone to check out for me if they can. I have an answer (So I'm not just 'looking for someone to help me without helping myself' and I just would like to make sure that I am correct. I appreciate the help.
Heres my question & answer-->
A used-car lot has 120 vehicles for sale. A sample of 15 of these vehicles finds that 6 of them have previously been in an accident.
What is the best estimate of the percent of the used-car lot's vehicles that have previously been in an accident?
Answer--> 40%
