An internet service provider (ISP) has experienced rapid growth in the past five years. As part of its marketing strategy, the company promises fastconnections and dependable service. To achieve its objectives, the company constantly evaluates the capacity of its servers. One component of its evaluatingis an analysis of the average amount of time a customer is connected and actively using the Internet daily. A random sample of 12 customer records showsthe following daily usage times, in minutes. Complete parts a through d below.273343314315310328304289284384378312a. Using the sample data, compute the best point estimate of the population mean for daily usage times for the ISP's customers.O minute(s)(Round to two decimal places as needed.)

Our aim is to find the best point estimate of the population mean for daily usage times for the…

Answered: Using the sample data, compute the best…

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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Using the sample data, compute the best point estimate of the population mean for daily usage times for the ISP's customers. minute(s) ound to two decimal places as needed.)