A random sample of 20 U.S. weddings yielded the following data on wedding costs in dollars: 12208, 28018, 21048, 15302, 13313, 7516, 30976, 22085, 14163, 16900, 17750, 32217, 10372, 14469, 16424, 16730, 20606, 13211, 33560, 13177 a) Use the data to obtain a point estimate for the population mean wedding cost, μ, of all recent U.S. weddings. Note: The sum of the data is 370045. x¯= b) Is your point estimate in part (a) likely equal to μ exactly (yes or no)?
A random sample of 20 U.S. weddings yielded the following data on wedding costs in dollars: 12208, 28018, 21048, 15302, 13313, 7516, 30976, 22085, 14163, 16900, 17750, 32217, 10372, 14469, 16424, 16730, 20606, 13211, 33560, 13177 a) Use the data to obtain a point estimate for the population mean wedding cost, μ, of all recent U.S. weddings. Note: The sum of the data is 370045. x¯= b) Is your point estimate in part (a) likely equal to μ exactly (yes or no)?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
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A random sample of 20 U.S. weddings yielded the following data on wedding costs in dollars:
12208, 28018, 21048, 15302, 13313, 7516, 30976, 22085, 14163, 16900,
17750, 32217, 10372, 14469, 16424, 16730, 20606, 13211, 33560, 13177
a) Use the data to obtain a point estimate for the population mean wedding cost, μ, of all recent U.S. weddings. Note: The sum of the data is 370045.
x¯=
b) Is your point estimate in part (a) likely equal to μ exactly (yes or no)?
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