A simple random sample of 5 months of sales data provided the following information: Month: 1 2 3 4 5 Units Sold: 94 110 85 94 92 (a) Develop a point estimate of the population mean number of units sold per month. x = (b) Develop a point estimate of the population standard deviation. If required, round your answer to two decimal places. s =
A simple random sample of 5 months of sales data provided the following information: Month: 1 2 3 4 5 Units Sold: 94 110 85 94 92 (a) Develop a point estimate of the population mean number of units sold per month. x = (b) Develop a point estimate of the population standard deviation. If required, round your answer to two decimal places. s =
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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: | 94 | 110 | 85 | 94 | 92 |
(a) | Develop a point estimate of the population |
x = | |
(b) | Develop a point estimate of the population standard deviation. If required, round your answer to two decimal places. |
s = |
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