8.1.7 point estimated
A simple random sample is taken from a population and yields the following data for a variable of the population.
Find a point estimate for the population mean (that is, the mean of the variable).
First, we need to get the data from Excel. (The approach below gets the data mannually)
data <- c(11, 23, 38, 13, 35, 16, 36, 19, 16, 27)To find point estimated, we run
mean(data)## [1] 23.4
Round to one decimal place as needed
round(mean(data), 1)## [1] 23.4
Hope that helps!