The file Danish Coffee contains a random sample of 144 Danish coffee drinkers and measures the annual coffee consumption in kilograms for each sampled coffee drinker. A marketing research firm wants to use this information to develop an advertising campaign to increase Danish coffee consumption. Based on the sample's results, what is the best point estimate of average annual coffee consumption for Danish coffee drinkers?
A) 6.5368
B) 7.4151
C) 6.1411
D) 7.4127

Question

The file Danish Coffee contains a random sample of 144 Danish coffee drinkers and measures the annual coffee consumption in kilograms for each sampled coffee drinker. A marketing research firm wants to use this information to develop an advertising campaign to increase Danish coffee consumption. Based on the sample's results, what is the best point estimate of average annual coffee consumption for Danish coffee drinkers? 
A) 6.5368 
B) 7.4151 
C) 6.1411 
D) 7.4127

Quizplus · Accepted Answer

The best point estimate of average annual coffee consumption for Danish coffee drinkers is the sample mean, which is 6.5368 kilograms.

The File Danish Coffee Contains a Random Sample of 144