Find point estimate of population mean automobile dealers


A recent study by the american automobile dealers' association revealed the mean amount of profit per car sold for a sample of 20 dealers was $290, with a standard deviation of $125. A) what is the point estimate of the population mean? B) develop a 95% confidence interval for the population mean.

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Basic Statistics: Find point estimate of population mean automobile dealers
Reference No:- TGS0110968

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