MODULE 10: Calculating the Confidence Interval Estimates for Mean µ when a is known Individual work. Directions: Answer the following problem. Round off your answer into three decimal places. (SHOW YOUR SOLUTION) 1. A random sample of size 10 yielded the following observations on the random variable X, the fuel consumption in millions of tons by power plants. Find the point estimate for µ, the mean fuel consumption of power plants. 506 495 508 500 510 515 490 501 508 502

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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MODULE 10: Calculating the Confidence Interval Estimates for Mean u
when o is known
Individual work. Directions: Answer the following problem. Round off your answer
into three decimal places. (SHOW YOUR SOLUTION)
1. A random sample of size 10 yielded the following observations on the random
variable X, the fuel consumption in millions of tons by power plants. Find the
point estimate for µ, the mean fuel consumption of power plants.
506
495
508
500
510
515
490
501
508
502
Transcribed Image Text:MODULE 10: Calculating the Confidence Interval Estimates for Mean u when o is known Individual work. Directions: Answer the following problem. Round off your answer into three decimal places. (SHOW YOUR SOLUTION) 1. A random sample of size 10 yielded the following observations on the random variable X, the fuel consumption in millions of tons by power plants. Find the point estimate for µ, the mean fuel consumption of power plants. 506 495 508 500 510 515 490 501 508 502
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