A researcher for a car insurance company wishes to estimate the mean annual premium that men aged 20-24 pay for their car insurance. A random sample of 16 men aged between 20 and 24 yields the following annual? premiums, in dollars. Use the data to the right to obtain a point estimate of the mean annual premium for all men aged between 20 and 24. Round your answer to the nearest dollar.
- 765 834 789 633
- 526 571 466 514
- 841 985 580 725
- 856 610 720 985