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.
-Starting salaries of a sample of five management majors along with their genders are shown below. 
a.What is the point estimate for the starting salaries of all management majors?
b.Determine the point estimate for the variance of the population.
c.Determine the point estimate for the proportion of male employees.
Definitions:
Percentage
A portion of 100 used in mathematics to express quantities as a fraction of 100.
Work Time
The period during which an individual is obligated to perform tasks or duties for an employer.
Listening
The active process of receiving, understanding, and interpreting auditory messages from others.
Self-Directed Work Groups
Teams that operate with a high degree of autonomy, managing their own tasks and decision-making processes without direct supervision.
Q10: The monthly income of residents of Daisy
Q17: For a two-tailed test with a sample
Q26: The 90% confidence interval estimate for a
Q75: Assume two events A and B
Q86: To avoid the problem of having access
Q102: A lathe is set to cut bars
Q113: Refer to Exhibit 5-9. What is the
Q116: The average starting salary of this year's
Q128: The Ambell Company uses batteries from two
Q149: Which of the following is a characteristic