document.write( "Question 1179846: Given the Confidence Interval, find the Point Estimate \r
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document.write( "(0.71 , 0.82) \r
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Algebra.Com's Answer #850163 by CPhill(1987) You can put this solution on YOUR website! **Finding the Point Estimate**\r \n" ); document.write( "\n" ); document.write( "To find the point estimate, you'll calculate the midpoint of the given confidence interval.\r \n" ); document.write( "\n" ); document.write( "**Calculation**\r \n" ); document.write( "\n" ); document.write( "Point Estimate = (Lower Bound + Upper Bound) / 2\r \n" ); document.write( "\n" ); document.write( "In this case:\r \n" ); document.write( "\n" ); document.write( "Point Estimate = (0.71 + 0.82) / 2\r \n" ); document.write( "\n" ); document.write( "Point Estimate = 1.53 / 2\r \n" ); document.write( "\n" ); document.write( "Point Estimate = 0.765\r \n" ); document.write( "\n" ); document.write( "**Answer**\r \n" ); document.write( "\n" ); document.write( "The point estimate is 0.765. \n" ); document.write( " \n" ); document.write( " |