SOLUTION: Given the Confidence Interval, find the Point Estimate
(46.2 , 95.4)
Algebra.Com
Question 1179845: Given the Confidence Interval, find the Point Estimate
(46.2 , 95.4)
Answer by CPhill(2189) (Show Source): You can put this solution on YOUR website!
**Finding the Point Estimate**
To find the point estimate, you calculate the midpoint of the confidence interval.
**Calculation**
Point Estimate = (Lower Bound + Upper Bound) / 2
Point Estimate = (46.2 + 95.4) / 2
Point Estimate = 141.6 / 2
Point Estimate = 70.8
**Answer**
The point estimate is 70.8.
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