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POINT ESTIMATE
OF A POPULATION
MEAN
PREPARED BY: JENNYLYN R. KHE
1… 2… 3… GO!
MUSIC
What do you call the set of
people, objects, events, or
ideas you want to investigate?
1 SAMPLE
2 POPULATION
3 STATISTICSMUSIC
A sample refers to a
____________ of a
population.
1 SUBSET
2 LIST
3
DESCRIPTION MUSIC
• What is the
mean of 13, 27,
29, 17, and 14?
1 29
2 25
3 20 MUSIC
• The symbol μ
(myu) denotes the
_______.
1 SAMPLE
MEAN
2 POPULATION MEAN
3 SUBSET MEAN
MUSIC
What do you call a numerical
quantity that characterizes a
given population or some
aspect on it?
1 PARAMETER
2 VARIABLE
3 DECIMAL MUSIC
GROUP ACTIVITY!
1 and 2 – “OBSERVERS”
3 – “TIMER”
4 – “YELLER”
5 – “WRITER”
6 – “PRESENTER”
7 – “LEADER”
8 – “POSER”
• What method/ instrument (if any)
did you use to arrive with the
answer?
• Were you able to answer the
problem easily because of the tool
that you used?
• Were you able to get the correct
answer?
• Based on the observation of the
mean, would you patronize the
restaurant?
AVERAGE:
12.8 MINUTES
OR
12 MINUTES AND
48 SECONDS
An estimate is a value or a range of
values that approximate a
parameter.
A point estimate is a single specific
numerical value of a population
parameter.
An interval estimate is a range of
values that may contain the
parameter of a population.
THE ROUNDING RULE FOR A
CONFIDENCE INTERVAL FOR A MEAN
When you are computing a confidence
interval for a population mean by using raw
data, round off to one more decimal place
than the number of decimal places in the
original data.