The simple random sample consists of six observations: 5, 8, 10, 7, 10, 14. The point estimate of the population mean is:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → 9
The point estimate of the population mean is the sample mean:
\( \displaystyle \bar{x} = \frac{5 + 8 + 10 + 7 + 10 + 14}{6} = \frac{54}{6} = 9 \)