Estimation

Problem-01: Estimation

The Greensboro Coliseum is considering expanding its searing capacity and needs to know both the average number of people who attend events there and the variability in this number. The following are the attendances (in thousands) at nine randomly selected sporting events. Find point estimates of the mean and the variance of the population from which the sample was drawn.

8.814.021.37.912.520.616.314.113.0

Solution

Problems: Estimation

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