SOLUTION: use the given confidence interval limits to find the point estimate and the margin of error for the equation: 0.772 is less than p and p is less than 0.776
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Question 507430: use the given confidence interval limits to find the point estimate and the margin of error for the equation: 0.772 is less than p and p is less than 0.776
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
use the given confidence interval limits to find the point estimate and the margin of error for the equation: 0.772 is less than p and p is less than 0.776
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The point estimate is the average of the confidence interval limits:
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p-hat = (0.772+0.776)/2 = 0.774
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Margin of Error = 0.776-0.774 = 0.002
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Cheers,
Stan H.
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