jonesj6736 jonesj6736
  • 24-11-2020
  • Mathematics
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For a sample, the 95% confidence interval is (0.202, 0.482). What is the point estimate, \hat{p}, of this sample?

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Tundexi
Tundexi Tundexi
  • 25-11-2020

Answer:

The Point estimate p = 0.342

Step-by-step explanation:

For the sample, 95% confidence interval (0.202,0.482) . The Confidence interval width = (0.482 - 0.202) = 0.28

The margin of error = 0.28/2

The margin of error = 0.14

So, Point estimate p = Lower bound + Margin of error

Point estimate p = 0.202 + 0.14

Point estimate p = 0.342

Therefore, the Point estimate p = 0.342

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