determine the point estimate of the population
proportion , the margin of error for the following confidence
interval, and the number of individuals in the sample with the
specified characteristic, x. for the sample size provided.
lower bound= 0.219, upper bound = 0.711, n = 1200
the point estimate of the population proportion is?
The Lower Bound = - ME = 0.219 ----- (1)
The Upper Bound = + ME = 0.711 ------ (2)
Adding the 2 equations, we get: - ME + + ME = 0.219 + 0.711
Therefore 2 * = 0.93
= 0.93 / 2 = 0.465
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To calculate the ME, We do the operation Equation (2) - Equation (1)
+ ME - ( - ME) = 0.711 - 0.219
2 * ME = 0.492
ME = 0.492 / 2 = 0.246
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