Determine the point estimate of the population mean and the margin of error for the given confidence interval. Lower bound: 12 Upper bound: 20To determine the point estimate of the population mean, we simply take the average of the lower and upper bounds of the confidence interval: Point estimate = (Lower bound + Upper bound) / 2 = (12 + 20) / 2 = 16 Therefore, the point estimate of the population mean is 16. To calculate the margin of error, we need to determine the distance between the point estimate and either the lower or upper bound of the confidence interval. We can do this by subtracting the point estimate from the upper bound (or vice versa): Margin of error = (Upper bound - Point estimate) / 2 = (20 - 16) / 2 = 2 Therefore, the margin of error for this confidence interval is 2.