Exhibit 7-3
The following information was collected from a simple random sample of a population.
-Refer to Exhibit 7-3. The point estimate of the population standard deviation is
A)2.000
B)1.291
C)1.414
D)1.667

Question

Exhibit 7-3
The following information was collected from a simple random sample of a population. 
-Refer to Exhibit 7-3. The point estimate of the population standard deviation is
A)2.000 
B)1.291 
C)1.414 
D)1.667

Quizplus · Accepted Answer

The point estimate of the population standard deviation is typically calculated using the sample standard deviation formula. If the sample variance is given as 2, the standard deviation would be the square root of 2, which is approximately 1.414.

Exhibit 7-3 The Following Information Was Collected from a Simple Random Sample