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A random sample of 1008 adults in a certain large country was asked "Do you pretty much think televisions are a necessity or a luxury you could do without? Of the 1008
adults surveyed, 511 indicated that televisions are a luxury they could do without. Complete parts (a) through (e) below.
(a) Obtain a point estimate for the population proportion of adults in the country who believe that televisions are a luxury they could do without.
(Round to three decimal places as needed.)