Explore BrainMass
Share

Inferential Statistics and Point Estimate

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

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)

© BrainMass Inc. brainmass.com October 24, 2018, 10:24 pm ad1c9bdddf
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.

$2.19
See Also This Related BrainMass Solution

Are Confidence intervals part of descriptive statistics or inferential statistics- why?

Are Confidence intervals part of descriptive statistics or inferential statistics- why? Why would we use confidence intervals instead of point estimates? Give an example of the use of a confidence interval and why you would prefer it over point estimates in your example.

View Full Posting Details