The point estimate of the population standard deviation for the random sample 5, 8, 10, 7, 10, 14 is:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → 3.1
Given sample: $5, 8, 10, 7, 10, 14$, $n = 6$
Step 1: Compute sample mean:
$\bar{x} = \frac{5 + 8 + 10 + 7 + 10 + 14}{6} = \frac{54}{6} = 9$
Step 2: Compute sample variance:
$s^2 = \frac{\sum (x_i - \bar{x})^2}{n-1}$
$(5-9)^2 = 16$, $(8-9)^2 = 1$, $(10-9)^2 = 1$, $(7-9)^2 = 4$, $(10-9)^2 =1$, $(14-9)^2=25$
Sum = 16+1+1+4+1+25 = 48
$s^2 = \frac{48}{6-1} = \frac{48}{5} = 9.6$
Step 3: Sample standard deviation:
$s = \sqrt{9.6} \approx 3.098$