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The range of possible values that best describes an estimate for the population parameter is; (0.5, 0.8)
How to estimate proportion?
The range of possible values that best describes an estimate for the population parameter is; (0.5, 0.8).
When we are talking about population parameters, we also have to look at the way of estimating the population, we have to add two extremes and divide by 2.
Thus, the correct one is;
(0.5 + 0.8)/2 = 0.65
Read more about Population parameter at; https://brainly.com/question/2292917
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