Determine whether the statement is true or false. If it is false, rewrite it as a true statement.
The point estimate for the population proportion of failures is $1-\hat{p}$.
Choose the correct answer below.
A. The statement is false. The actual point estimate for the population proportion of failures is $\sqrt{\hat{p}}$.
B. The statement is true.
C. The statement is false. The actual point estimate for the population proportion of failures is $1-\sqrt{\hat{p}}$.
D. The statement is false. The actual point estichate for the population proportion of failures is $\hat{p}$.

Step 1 ：Determine whether the statement is true or false. If it is false, rewrite it as a true statement.

Step 2 ：The point estimate for the population proportion of failures is $1-\hat{p}$.

Step 3 ：Choose the correct answer below.

Step 4 ：A. The statement is false. The actual point estimate for the population proportion of failures is $\sqrt{\hat{p}}$.

Step 5 ：B. The statement is true.

Step 6 ：C. The statement is false. The actual point estimate for the population proportion of failures is $1-\sqrt{\hat{p}}$.

Step 7 ：D. The statement is false. The actual point estimate for the population proportion of failures is $\hat{p}$.

Step 8 ：Final Answer: \(\boxed{\text{B. The statement is true.}}\)