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eg Five Independents Variat ?G Google Image Result for x 0 Home . » Students xo CSecure http/www.mathal.com/student/Playertlomework aspothomeworkid- Apps tp Study Legal marjuaDPL Web Portal f Facebook M EmailIndeed G MAT-240-X6801 Applied Statistics 18EW6 Homework: 3-2 MyStatLab: Module Three P Score: 0 of 3 pts 9.2.15 Determine the point estimate of the population mean and margin of error for the confidence interval Lower bound is 20, upper bound is 24 The point estimate of the population mean is 22 The margin of error for the confidence intenval is

Explanation / Answer

Solution :

Given that,

Upper bound = 24

Lower bound = 20

Point estimate = (Lower bound + Upper bound) / 2

= (20 + 24) / 2

= 22

Point estimate = 22

Margin of error = Upper bound - Point estimate

= 24 - 22

= 2

The margin of error for the confidence interval is 2 .

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