SOLUTION: An experiment involves selecting a random sample of 256 middle managers for study. One item of interest is annual income. The sample mean is computed to be $35,420 and the sample s

SOLUTION: An experiment involves selecting a random sample of 256 middle managers for study. One item of interest is annual income. The sample mean is computed to be $35,420 and the sample s

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Question 296770: An experiment involves selecting a random sample of 256 middle managers for study. One item of interest is annual income. The sample mean is computed to be $35,420 and the sample standard deviation is $2,050. which of the below is the best point estimate?
35,420
138.36
2,050
34,520
none of the above

Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
35420
Cheers,
Stan H.
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