Develop point estimate of the population standard deviation

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Reference no: EM131455752

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.

Reference no: EM131455752

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