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What is the point estimate for the average age of all employees random sample of 8 employees with ages 25 32 26 40 50 54 22 23?
Stooks22
Add all of the figures and divide by the number of employees:
Using this equation-
The sum of all Xi/ Quantity=
25+32+26+40+50+54+22+23= 272/ 8= 34 The point estimate is 34.
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∙ 13y ago
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