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A simple random sample consists of four observations 7, 8, 10, 7. The point estimate of population standard deviation is :

Solution

✅ Correct Option: 4

Mean =32/4=8= 32/4 = 8.

Deviations squared: 1+0+4+1=61+0+4+1 = 6.

Sample variance (using n−1n-1) =6/3=2= 6/3 = 2.

Standard deviation =2= \sqrt{2}.

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