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
$\bar{x}=\frac{5+8+10+7+10+14}{6}$
$\bar{x}=\frac{54}{6}$
$\bar{x}=9$
Hence, the point estimate of the population mean is 9.