A sample of 5 months of sales data provided the following information. Month 1 2 3 4 5 Units Sold 90 102 90 93 85 (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. (Round your answer to two decimal places.)

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
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A sample of 5 months of sales data provided the following information.
Month
1
2
3 4 5
Units Sold 90 102 90 93 85
(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. (Round your answer to two decimal places.)
Transcribed Image Text:A sample of 5 months of sales data provided the following information. Month 1 2 3 4 5 Units Sold 90 102 90 93 85 (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. (Round your answer to two decimal places.)
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