Which of the following analytical techniques is primarily used to estimate a population parameter based on sample data?

A market analyst is estimating the average monthly spending on online subscriptions among young adults. The point estimate y for the average monthly spending is $\$45.60$, with a margin of error $E$ of $\$3.20$ at a $90\%$ confidence level. Write and interpret a $90\%$ Confidence Interval for the average monthly spending.

Find the critical value, $z_{\frac{\alpha}{2}}$, for an 80% confidence interval.

A company is interested in estimating lunch costs in their cafeteria, so they survey employees asking for their monthly lunch expenses. The staff calculated a 95% confidence interval for the mean amount of money spent on lunch to be ($580, $720). What are the point estimate and margin of error for this sample data?