Question
a.and interpret a point estimate for the mean of each of the five aforementioned variables. The point estimate for the mean of a population is
a.and interpret a point estimate for the mean of each of the five aforementioned variables.
The point estimate for the mean of a population is the sample mean or x.
The point estimate for the mean amount stolen is 20,330.50 pounds sterling
The point estimate for the Identify mean number of bank staff present is 5,417
The point estimate for mean number of customer present is 2,000
The point estimate for the mean number of bank robbers is 1,637
The point estimate for the mean travel time between the bank and the nearest police station is 4.557
Number of bank raids over several years 364
b.Find and interpret a 95% confidence interval for the mean in the amount stolen
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Precalculus
Authors: Michael Sullivan
9th edition
321716835, 321716833, 978-0321716835
