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Kyky232:

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Kyky232:

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D14610:

By averaging the interval's bottom and upper bounds, one can get the point estimate, which is the middle of the confidence interval. The point estimate's formula is as follows: Lower Bound + Upper Bound = Point Estimate Changing the specified values: Point Estimate: 50644 + 49078 The difference between the point estimate and either end of the confidence interval is known as the margin of error. The margin of error is calculated as follows: Point Estimate - Upper Bound = Margin of Error Changing the values: Error Margin = 50644 - Point Estimation Let's figure out these numbers.

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