The real estate broker claims that “on average, 70 people
passes by the store every hour.” A sample of 12 hours revealed the
following number of people passes by.
64, 66, 64, 66, 59, 62, 67, 61, 64,
58, 54, 66
What is the point estimate of the population mean, i.e. sample
mean?
What is the sample standard deviation? (I didn’t show you how
to do this using your calculator this year, therefore, I am giving
you the answer here;...