# Inferential Statistics and Point Estimate

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Suppose a confidence level is 0.44 < p < 0.60

What is the value of the point estimate p-hat (round to nearest hundredth)

What is the margin of error

E= (round to the nearest hundredth)

https://brainmass.com/statistics/statistical-theory/inferential-statistics-point-estimate-158567

#### Solution Summary

This solution explains the value for the point estimate, and the margin of error using information about the confidence level.

$2.49