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3. The following data was collected from a simple random sample from a process (an infinite population). 13 15 14 16 12 a. The point estimat
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3. The following data was collected from a simple random sample from a process (an infinite population). 13 15 14 16 12 a. The point estimate of the population mean (1 point) a. is 5 b. is 14 c. is 4 d. cannot be determined because the population is infinite
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2021-08-17T07:47:21+00:00
2021-08-17T07:47:21+00:00 1 Answers
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Answer:
14
Step-by-step explanation:
Given the data:
13 15 14 16 12
The point estimate of the population mean will be :
ΣX/ n
X = Given data points
N = sample size
ΣX = (13 + 15 + 14 + 16 + 12) = 70
N = 5
Hence,
ΣX/ N = 70 / 5
Point estimate of population mean = 14