Question
Course: Business Statistics/Economics Agri-Beef Inc. operates cattle feed lots in several midwestern states. The company wishes to estimate the average daily weight gain of cattle
Course: Business Statistics/Economics
Agri-Beef Inc. operates cattle feed lots in several midwestern states.
The company wishes to estimate the average daily weight gain
of cattle on their lots.A simple random sample
of cattle is taken and the daily weight gain is recorded.
The data below, in pounds, represent the results of the sample.
Using these data, calculate the sample standard deviation and the sample
mean daily weight gain estimate for all cattle on the feed lots.
Report the following:
SX =
Sample Mean =
SX2=
Sum of Squares for X = SSx =S( X-)2=
Sample Variance = s2=
Sample standard deviation =s=
5.6
8.1
5.5
5.9
5.7
6.8
6.1
6.8
7.5
8.4
5.5
7.2
6.8
7.7
6.5
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