Exhibit 7-5 Random Samples of Size 17 Are Taken from a Population

question 23

Short Answer

Exhibit 7-5
Random samples of size 17 are taken from a population that has 200 elements, a mean of 36, and a standard deviation of 8.
-A simple random sample of 8 employees of a corporation provided the following information.
a.Determine the point estimate for the average age of all employees.
b.What is the point estimate for the standard deviation of the population?
c.Determine a point estimate for the proportion of all employees who are female.

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Definitions:

IoT

Short for Internet of Things, it refers to the network of physical objects—devices, vehicles, buildings and other items embedded with electronics, software, sensors, and network connectivity that enables these objects to collect and exchange data.

Telemetry

The automatic recording and transmitting of data from remote or inaccessible sources to an IT system in a different location.

Bar Codes

Machine-readable representations of data that describe the object to which they are attached, typically used for identifying and tracking products.

Wireless

Telecommunications in which electromagnetic waves carry the signal between communicating devices.