document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1179848>Question 1179848</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Given the Confidence Interval, find the Point Estimate \r<BR>\n" );
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document.write( "(86.5 , 97.8)  </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #850162 by </B><A HREF=/tutors/aboutme.mpl?userid=CPhill><B>CPhill(2189)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=CPhill><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=CPhill><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=850162\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> **Understanding Point Estimates**\r<BR>\n" );
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document.write( "A point estimate is a single value that best approximates the population parameter. It's the midpoint of the confidence interval.\r<BR>\n" );
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document.write( "**Calculation**\r<BR>\n" );
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document.write( "To find the point estimate, you take the average of the lower and upper bounds of the confidence interval.\r<BR>\n" );
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document.write( "**Applying the Formula**\r<BR>\n" );
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document.write( "Point Estimate = (Lower Bound + Upper Bound) / 2\r<BR>\n" );
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document.write( "Point Estimate = (86.5 + 97.8) / 2\r<BR>\n" );
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document.write( "Point Estimate = 184.3 / 2\r<BR>\n" );
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document.write( "Point Estimate = 92.15\r<BR>\n" );
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document.write( "**Answer**\r<BR>\n" );
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document.write( "The point estimate is 92.15.<BR>\n" );
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