The simple random sample consists of six observations: 5, 8, 10, 7, 10, 14. The point estimate of the population mean is:
The simple random sample consists of six observations: 5, 8, 10, 7, 10, 14. The point estimate of the population mean is:
Solution
✅ Correct Option: 3
The sample observations are: 5, 8, 10, 7, 10, 14
The number of observations is 6.
The point estimate of the population mean is the sample mean.
Sum of all observations:
Sample mean:
Therefore, the point estimate of the population mean is 9.
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