Point estimate is the midpoint of the confidence interval limits found by taking the average of the limits
The margin of error is half the length of the confidence interval found by taking half the difference of the limits.
Jazmine H.
asked 05/04/21Suppose, after looking at some sample data, we find (26,48) for our 95% confidence interval estimate for a population mean μ.
For this set of data, the point estimate for the mean is?
The margin of error in this confidence interval is?
Point estimate is the midpoint of the confidence interval limits found by taking the average of the limits
The margin of error is half the length of the confidence interval found by taking half the difference of the limits.
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