Given a lower bound of 17, upper bound of 27, and sample size of , cal

Given a lower bound of 17, upper bound of 27, and sample size of , cal

Given a lower bound of 17, upper bound of 27, and sample size n of

calculate the point estimate and margin of error

Calculate the point estimate:

Point Estimate
Upper Bound + Lower Bound

Point Estimate
27 + 17

Point Estimate
44

Point Estimate = 22

Calculate the Margin of Error:

Margin of Error = Upper Bound - Point Estimate

Margin of Error = 27 - 22

Margin of Error = 5

Final Answers

Point Estimate = 22
Margin of Error = 5

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What is the Answer?

Point Estimate = 22
Margin of Error = 5

How does the Point Estimate and Margin of Error Calculator work?

Free Point Estimate and Margin of Error Calculator - Given an upper bound and a lower bound and a sample size, this calculate the point estimate, margin of error.
This calculator has 3 inputs.

What 2 formulas are used for the Point Estimate and Margin of Error Calculator?

Point Estimate =½(UB - LB)
MOE = UB - Point Estimate

For more math formulas, check out our Formula Dossier

What 5 concepts are covered in the Point Estimate and Margin of Error Calculator?

lower boundAny number less than or equal to all elements in a set.margin of errora statistic expressing the amount of random sampling error in the results of a survey.
σp + z-score point estimatethe process of finding an approximate value of some parametersuch as the mean (average)of a population from random samples of the population.point estimate and margin of errorsample sizemeasures the number of individual samples measured or observations used in a survey or experiment.

Example calculations for the Point Estimate and Margin of Error Calculator

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