**Confidence Interval and Estimation Exercise**The confidence interval was given as (77, 83).1. **What was the point estimate?** - [Input box for the answer]2. **What was the margin of error?** - [Input box for the answer][Submit Question button]*Instructions for Students:*- Determine the point estimate by finding the average of the upper and lower bounds of the confidence interval.- Calculate the margin of error by determining the difference between the point estimate and either bound of the interval.

Name: **Confidence Interval and Estimation Exercise**The confidence interva
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Description: **Confidence Interval and Estimation Exercise**The confidence interval was given as (77, 83).1. **What was the point estimate?** - [Input box for the answer]2. **What was the margin of error?** - [Input box for the answer][Submit Question button

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Answered: The confidence interval was (77, 83)…

Math

Statistics

The confidence interval was (77, 83) What was the point estimate? What was the margin of error?

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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