Math Problem Statement
Solution
To find the point estimate for a population proportion given a confidence interval, you use the midpoint of the interval limits. The formula for the point estimate is:
For this problem:
- Lower Limit = 0.753
- Upper Limit = 0.797
Calculating:
Answer:
The correct choice is 0.775.
Would you like more details, or do you have any questions?
- What is a confidence interval?
- How do you interpret a confidence interval in statistics?
- Why is the midpoint used for finding the point estimate?
- How does the width of the confidence interval affect the estimate?
- What are common confidence levels in statistics?
Tip: Confidence intervals give a range that likely contains the true parameter, giving more information than a single estimate alone.
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Math Problem Analysis
Mathematical Concepts
Statistics
Confidence Intervals
Point Estimation
Formulas
Point estimate formula: (Lower Limit + Upper Limit) / 2
Theorems
Point Estimation for Proportion
Suitable Grade Level
Grades 10-12
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