Based on the sample of students and the family income, the point estimate of the mean score of the group is 511.
The Point Estimate refers to a figure in a population that is meant to describe a value for the entire population. For instance, a point estimate can be the mean of scores for a sample of students.
Going by that logic, the point estimate for the sample of 400 students who had family income between $70,000 and $80,000 is 511. This Verbal SAT Score refers to the mean score that the group got in their Verbal SAT.
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