Given a lower bound of 1, upper bound of 5, and sample size of 1200, calculate the point estimate and margin of error

Given a lower bound of 1, upper bound of 5, and sample size n of 1200, calculate the point estimate and margin of error

Calculate the point estimate:

Point Estimate =

Upper Bound + Lower Bound

2

Point Estimate =

5 + 1

2

Point Estimate =

6

2

Point Estimate = 3

Calculate the Margin of Error:

Margin of Error = Upper Bound - Point Estimate Margin of Error = 5 - 3 Margin of Error = 2

What is the Answer?

Point Estimate = 3

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?