Population standard deviation is not given & n >≠ 30.
Point Estimate +- Margin of error
x̄ +- z α/2 (σ/ √ n )
t = degree of freedom= n-1
Upper Bound - x̄ + t α/2 (s/ √ n ) = t table(Answer)
Lower Bound - x̄ - t α/2 (s / √ n )=t table(Answer)
(s / √ n ) is Standard error
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Parameter estimation is the process of computing a model’s parameter values from measured data. You can apply parameter estimation to different types of mathematical models, including statistical models, parametric dynamic models, and data-based Simulink® models
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