The point estimate of the population standard deviation for the random sample 5, 8, 10, 7, 10, 14 is:
The point estimate of the population standard deviation for the random sample 5, 8, 10, 7, 10, 14 is:
Solution
✅ Correct Option: 3
The point estimate of the population standard deviation is the sample standard deviation , calculated using in the denominator.
Given sample: 5, 8, 10, 7, 10, 14
Number of values:
Finding the mean:
Finding the squared differences from the mean:
| Value | ||
|---|---|---|
| 5 | -4 | 16 |
| 8 | -1 | 1 |
| 10 | +1 | 1 |
| 7 | -2 | 4 |
| 10 | +1 | 1 |
| 14 | +5 | 25 |
Sum of squared differences:
Calculating sample variance:
Calculating sample standard deviation:
Therefore, the point estimate of the population standard deviation is .
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2025: 2 June Shift 1