A random variable sample of 25 applications for a credit card produced the following observations on the random variable X, the percentage of take home pay being spent on installment bills. Find point estimate for the mean. Directions: Find the point estimate of the given problem. 15.5 18.2 20.5 15.4 21.4 20.5 12.8 18.4 24.6 20.6 14.9 24.2 16.7 18.3 22.2 26.2 20.5 18.4 17.8 20.4 21.6 15.8 19.4 18.4 16.1 Solution:

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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SAS 67.9 10
C3
CS
S 679 10
0Tk4Njc1/detal
https:/classroom.google.com u NDMIMTESNDO2MzkO/a/N
COR 006/Statistics and Probability
Student Activity Sheet #1O
PHINMA EDUCATION
MUNCINSs ETTER ROCH EDUCATION
Directions: Find the point estimate of the given problem.
A random variable sample of 25 applications for a credit card produced the following observations on
the random variable X, the percentage of take home pay being spent on installment bills. Find point
estimate for the mean.
15.5
18.2
20.5
15.4
21.4
20.5
12.8
18.4
24.6
20.6
14.9
24.2
16.7
18.3
22.2
26.2
20.5
18.4
17.8
20.4
21.6
15.8
19.4
18.4
16.1
Solution:
Transcribed Image Text:SAS 67.9 10 C3 CS S 679 10 0Tk4Njc1/detal https:/classroom.google.com u NDMIMTESNDO2MzkO/a/N COR 006/Statistics and Probability Student Activity Sheet #1O PHINMA EDUCATION MUNCINSs ETTER ROCH EDUCATION Directions: Find the point estimate of the given problem. A random variable sample of 25 applications for a credit card produced the following observations on the random variable X, the percentage of take home pay being spent on installment bills. Find point estimate for the mean. 15.5 18.2 20.5 15.4 21.4 20.5 12.8 18.4 24.6 20.6 14.9 24.2 16.7 18.3 22.2 26.2 20.5 18.4 17.8 20.4 21.6 15.8 19.4 18.4 16.1 Solution:
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