help PLEASE!! A clothing manufacturer receives a unique population of 150 red 10cm diameter leather buttons for set of band uniforms. To determine whether the buttons are really 10cm in diameter a random sample of 9 is taken without replacement, and their diameters to the nearest millimeter are 9.9, 0.0,10.0,10.1,9.9,10.1, 10.0,10.0,9.9. Find the point estimate for X,S
@geerky42 help
@amistre64
I'm sorry, im not sure about this. This topic isn't my strong suit. So sorry I couldn't help!
the point estimate is whatever the sample size value is .... but what is X,S?
what does X,S mean for us?
the point estimate for the population mean is the sample mean the point estimate for the population proportion is the sample proportion the point estimate for the population standard deviation is ..... i recall that the sample standard deviation is a good estimate but that might depend on sample size and would have to adjust it by dividing it by sqrt(sample size)
but i got no idea what X,S stands for, its not a notation im familiar with
X is mean
S stands for standard deviation
@Schrodingers_Cat
then the sample mean is the point estimate for the population mean and the standard error (standard deviation/sqrt(sample size)) is the point est ....
Join our real-time social learning platform and learn together with your friends!