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    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)

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    Solution Summary

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