Question

A sample of 10 members of a video club provides the following data on number of videos they own. Use Excel to answer the questions that follow the data.
MemberNumber Owned
1200
226
3158
475
552
6352
717
8276
9488
10129

a. What is the point estimate for the mean number of videos owned by all video club members?
b. Determine the point estimate for the standard deviation of the population.

Answer

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