Question
Turn-around time of a job is defined as the difference between its completion and arrival times. Individual turn-around times of the Sun & Fun Manufacturing
Turn-around time of a job is defined as the difference between its completion and arrival times. Individual turn-around times of the Sun & Fun Manufacturing Company can be assumed to be normally distributed. Drawn from an infinite population, in a random sample of n=100 jobs, the sample mean was found to be 5 days and the unbiased sample standard deviation was found to be 2 days. Based on these information, the unbiased point estimate of the unknown population mean is
a.5 days
b.2 days
c.3 days
d.Not enough information given to answer this question
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