Determine the point estimate of the population mean and margin of error for the confidence interval. Lower bound is 21, upper bound is 25. The point estimate of the population mean is The margin of error for the confidence interval is
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To find the point estimate of the population mean, we need to find the midpoint of the confidence interval. This can be done by adding the lower bound and the upper bound, and then dividing by 2. Point estimate = (Lower bound + Upper bound) / 2 Point estimate = Show more…
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