Question A simple random sample of 5 months of sales data provided the following information: Month: 1 2 3 4 5 Units Sold: 94 80 85 94 92 (a) Develop a point estimate of the population mean number of units sold per month. x = (b) Develop a point estimate of the population standard deviation. If required, round your answer to two decimal places. s =

04OFYP The Asker · Probability and Statistics

A simple random sample of 5 months of sales data provided the following information:

Month: 1 2 3 4 5
Units Sold: 94 80 85 94 92

(a) Develop a point estimate of the population mean number of units sold per month.
x =
(b) Develop a point estimate of the population standard deviation. If required, round your answer to two decimal places.
s =

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3OIODP

a)A point estimate of the population mean number of units sold per month is,{:[ bar(x)=(sumx_(i))/(n)],[=(94+80+85+94+92)/(5)],[=89]:}A point estimate of the population mean number of units sold per month is 89 .b)A point estimate of the population standard deviation is considered ... See the full answer