A simple random sample of 6 computer programmers in Houston, Texas revealed the sex of the programmers and the following information about their weekly incomes.
a.What is the point estimate for the average weekly income of all the computer programmers in Houston?
b.What is the point estimate for the standard deviation of the population?
c.Determine a point estimate for the proportion of all programmers in Houston who are female.
Definitions:
Sole Proprietorship
A business structure owned by a single individual, where the owner and the business are legally considered the same entity, simplifying operations but also involving personal liability.
Limited Partnership
A partnership structure where some partners are liable only to the extent of their investment while at least one partner has unlimited liability.
Uniform Partnership Act
A set of laws adopted by many states to regulate the operations of partnerships and the relationships between partners.
State Regulated Partnership Act
Legislation that governs the formation, operation, and dissolution of partnerships within a specific state, including rules on liability, ownership, and management.
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