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A random sample consists of five observations: 2,4,5,6,8. The point estimate of the population mean is :

Solution

✅ Correct Option: 1

The sample mean is the point estimate of the population mean: 2+4+5+6+85=255=5\frac{2+4+5+6+8}{5} = \frac{25}{5} = 5.

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