You randomly draw a sample of 50 organizations from a population of organizations where x̄ = 75. What is the point estimate of $\mu$?
A) 1.25
B) 50
C) 75
D) impossible to determine

Name: You randomly draw a sample of 50 organizations from a population of organizations where x̄ = 75. What is the point estimate of $\mu$? A) 1.25 B) 50 C) 75 D) impossible to determine
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

The point estimate of the population mean (μ) is the sample mean (x̄), which is given as 75.

You Randomly Draw a Sample of 50 Organizations from a Population