A simple random sample of 5 months of sales data provided, Engineering Mathematics

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A simple random sample of 5 months of sales data provided

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

Month: 1 2 3 4 5

Units Sold: 94 100 85 94 92

a. Develop a point estimate of the population mean number of units sold per month.

b. Develop a point estimate of the population standard deviation.

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Engineering Mathematics: A simple random sample of 5 months of sales data provided

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Engineering Mathematics: A simple random sample of 5 months of sales data provided

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