The standard deviation for actuary salaries is o = $38,590. You collect a simple random sample ofn = 147 salaries and find that = $123,239.What is the point estimate for the true mean actuary salary?(Round your answer to the nearest whole dollar.)

Given that Sample size n =147 Sample mean=123239 Population standard deviation =38590

Answered: The standard deviation for actuary…

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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The standard deviation for actuary salaries is o = $38,59 n = 147 salaries and find that = $123,239. What is the point estimate for the true mean actuary sala