A sample of 10 members of a video club provides the following data on number of videos they own. Use Excel to answer the questions that follow the data. $$\begin{array} { l l }
\text { Member } & \text { Number Owned } \
\hline 1 & 200 \
2 & 26 \
3 & 158 \
4 & 75 \
5 & 52 \
6 & 352 \
7 & 17 \
8 & 276 \
9 & 488 \
10 & 129
\end{array}$$
a.
What is the point estimate for the mean number of videos owned by all video club members?
b.
Determine the point estimate for the standard deviation of the population.

Question

A sample of 10 members of a video club provides the following data on number of videos they own. Use Excel to answer the questions that follow the data. $$\begin{array} { l l } 
\text { Member } & \text { Number Owned } \
\hline 1 & 200 \
2 & 26 \
3 & 158 \
4 & 75 \
5 & 52 \
6 & 352 \
7 & 17 \
8 & 276 \
9 & 488 \
10 & 129
\end{array}$$ 
a.
What is the point estimate for the mean number of videos owned by all video club members?
b.
Determine the point estimate for the standard deviation of the population.

Quizplus · Accepted Answer

The Answer of A sample of 10 members of a video club provides the following data on number of videos they own. Use Excel to answer the questions that follow the data. $$\begin{array} { l l } 
\text { Member } & \text { Number Owned } \
\hline 1 & 200 \
2 & 26 \
3 & 158 \
4 & 75 \
5 & 52 \
6 & 352 \
7 & 17 \
8 & 276 \
9 & 488 \
10 & 129
\end{array}$$ 
a.
What is the point estimate for the mean number of videos owned by all video club members?
b.
Determine the point estimate for the standard deviation of the population.

A Sample of 10 Members of a Video Club Provides