The point estimation based on the given interval limits is 0.706.
<h3>What is a point estimate?</h3>
The use of sample data to compute a single value that will serve as a "best guess" or "best estimate" of an unknown population characteristic is referred to as point estimation.
The point estimation based on the given interval limits is,
Point Estimate = (0.688+0.724)/2 = 0.706
Hence, The point estimation based on the given interval limits is 0.706.
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