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Asample of 17 people reveals the mean yearly consumption

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Reference no: EM13578181

The U.S. Dairy Industry wants to estimate the mean yearly milk consumption. A sample of 17 people reveals the mean yearly consumption to be 66 gallons with a standard deviation of 26 gallons.

1) What is the value of the population mean?
2) What is the best estimate of this value?

Reference no: EM13578181

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