Asked by Jaysha sereal on Jun 06, 2024
Verified
A random sample of 144 bottles of cologne showed an average content of 4 ounces.It is known that the standard deviation of the contents (i.e., of the population) is 0.3 ounces.The point estimate of the mean content of the bottles is
A) 0.3.
B) 4.
C) 144.
D) 2.
Standard Deviation
A statistical metric that quantifies the variation or dispersion of a set of data points from the mean.
Mean Content
The average value or quantity present in a given set of data or material.
- Cultivate the capability to project a population parameter using data from samples.
- Gain an understanding of the fundamentals of point estimates and the processes involved in their calculation.
Verified Answer
JG
Jasmine GravesJun 10, 2024
Final Answer :
B
Explanation :
The point estimate of the mean content of the bottles is equal to the sample mean, which is given as 4 ounces.
Learning Objectives
- Cultivate the capability to project a population parameter using data from samples.
- Gain an understanding of the fundamentals of point estimates and the processes involved in their calculation.
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