According to a bridal magazine, the average cost of a wedding reception for an American wedding is $8213. Assume that the averag

Question

2 years ago

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According to a bridal magazine, the average cost of a wedding reception for an American wedding is $8213. Assume that the averag

e is based on a random sample of 450 weddings and that the standard deviation is $2185.a. What is the point estimate of the corresponding population mean

Mathematics

1 answer:

amm1812 · Answer 1 · 2022-06-16T23:10:54+03:00

Answer:

Point estimate of the corresponding population mean = $8,213

Step-by-step explanation:

Given:

Average cost of a wedding reception (x) = $8,213

Total number of sample (n) = 450

Standard deviation = $2185

Find:

Point estimate of the corresponding population mean

Computation:

Average cost of a wedding reception (x) = Point estimate of the corresponding population mean

Point estimate of the corresponding population mean = $8,213