Assignment:
We showed how a sample random of 30 EAI employee can be used to develop point estimates of population mean annual salary, the population standard deviation for annual salary, and the population proportion having completed the management training program
A. use excel to select a simple random sample of 50 EAI employees.
B. Develop a point estimate of the mean annual salary.
C. Develop a point estimate of the population standard deviation for annual salary.
D. Develop a point estimate of the population proportion having complete the management training program.
Provide complete and step by step solution for the question and show calculations and use formulas.