What is the point estimate of the population mean when the confidence interval has a lower bound of 17 and an upper bound of 25?

To determine the point estimate of the population mean from the given confidence interval, you can use the following formula:

Point Estimate (Mean) = (Lower Bound + Upper Bound) / 2

In this case, the lower bound is 17 and the upper bound is 25. Plugging in these values:

Point Estimate = (17 + 25) / 2

Point Estimate = 42 / 2

Point Estimate = 21

Therefore, the point estimate of the population mean is 21.

Additionally, if you need to find the margin of error for the confidence interval, you can use the following formula:

Margin of Error = (Upper Bound – Lower Bound) / 2

Substituting the lower and upper bounds:

Margin of Error = (25 – 17) / 2

Margin of Error = 8 / 2

Margin of Error = 4

In summary, from the confidence interval, the point estimate of the population mean is 21, and the margin of error is 4.

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