Use the given confidence interval limits to find the point estimate
ModifyingAbove p with caretp
and the margin of error E.
(0.7920.792,0.9220.922)
Given confidence interval is (0.792 , 0.922 )
We can write confidence interval in terms of and E and ( - E , + E)
Comparing these two intervals,
- E = 0.792 , and + E = 0.922
Solve by adding together
2 = 0.792 + 0.922
= 0.857
Put this value of in equation + E = 0.922 and solve for E
0.857 + E = 0.922
E = 0.065
So,
= 0.857 and E = 0.065
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