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You add together all the observed values and divide the answer by the number of observations.

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8y ago
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7mo ago

To compute the point estimate of a population mean, you take the sample mean. This is done by calculating the average of the data values in the sample. The sample mean is then used as an estimate of the population mean.

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Q: How do you compute the point estimate of a population mean?
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Related questions

Is the sample mean a point estimate of the population mean?

A point estimate of a population parameter is a single value of a statistic. For example, the sample mean x is a point estimate of the population mean μ. Similarly, the sample proportion p is a point estimate of the population proportion P.


True or false the sample mean is a point of estimate of the population mean?

Nearly true. It is a point estimate, not point ofestimate.


Is the point estimate the same as the average?

No. The average of a dataset is the point estimate for the mean of the population.


A sample mean is the best point estimate of the?

he population mean


What is the best estimator of population mean?

The best estimator of the population mean is the sample mean. It is unbiased and efficient, making it a reliable estimator when looking to estimate the population mean from a sample.


Number used to estimate a population parameter?

A point estimate is a single value used to estimate a population parameter, such as the sample mean used to estimate the population mean. Confidence intervals can also be used to provide a range within which the population parameter is likely to lie.


How do you find the point estimate of the population mean?

You add together all the observations for the variable of interest and divide the sum by the number of observations.


What does the math term compute mean?

compute means calulate


Compute the population mean margin of error for a 90 percent confidence interval when sigma is 4 and the sample size is 36?

1.0966


What does compute mean in math ways?

it Means To Calculate Explain If I Say Compute 3.52 X 14 It mean to calculate get it i hope you do


What is the difference between calculating the sample mean and the population mean?

You calculate the actual sample mean, and from that number, you then estimate the probable mean (or the range) of the population from which that sample was drawn.


What does a compute rdo?

what does compute mean? Maybe if you paid attention in school youd know C: