A simple random sample of 5 months of sales data provided the following information: Month: 1 2 Units Sold: 99 110 a. Develop a point estimate of the population mean number of units sold per month. b. Develop a point estimate of the population standard deviation (to 2 decimals). 3 84 4 99 5 93

Advanced Engineering Mathematics
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Chapter2: Second-order Linear Odes
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A simple random sample of 5 months of sales data provided the following information:

- **Month:** 1  2  3  4  5
- **Units Sold:** 99  110  84  99  93

a. Develop a point estimate of the population mean number of units sold per month.

[Text box for answer]

b. Develop a point estimate of the population standard deviation (to 2 decimals).

[Text box for answer]
Transcribed Image Text:A simple random sample of 5 months of sales data provided the following information: - **Month:** 1 2 3 4 5 - **Units Sold:** 99 110 84 99 93 a. Develop a point estimate of the population mean number of units sold per month. [Text box for answer] b. Develop a point estimate of the population standard deviation (to 2 decimals). [Text box for answer]
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