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Given a lower bound of 1, upper bound of 5, and sample size n of 1200
calculate the point estimate and margin of error
Point Estimate | |
Upper Bound + Lower Bound |
Point Estimate | |
5 + 1 |
Point Estimate | |
6 |
Point Estimate = 3
Margin of Error = Upper Bound - Point Estimate
Margin of Error = 5 - 3
Margin of Error = 2