P0tential P0tential
  • 22-05-2018
  • Mathematics
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What is the best estimate of the mean price of all the sunglasses on the rack?

What is the best estimate of the mean price of all the sunglasses on the rack class=

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31507
31507 31507
  • 22-05-2018
$17 is the answer to this problem
.
Answer Link
sqdancefan
sqdancefan sqdancefan
  • 22-05-2018
The mean of the sample is
  (12 +12 +14 +15 +18 +20 +20 +25)/8 = 136/8 = 17

The best estimate of the mean of the population is
  $17
Answer Link

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