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In: Statistics and Probability

A simple random sample of 5 months of sales data provided the following information: Month: 1...

A simple random sample of 5 months of sales data provided the following information:

Month: 1 2 3 4 5
Units Sold: 94 85 85 94 92
(a) Develop a point estimate of the population mean number of units sold per month.
x =
(b) Develop a point estimate of the population standard deviation. If required, round your answer to two decimal places.
s =

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