Question

what is the best point estimate for the population's standard deviation if the sample standard deviation is 41.2? round your answer to one decimal place, if necessary.

Answer 1

The best point estimate for the population's standard deviation is 1697.

What is Standard Deviation?

The term "standard deviation" (or σ) refers to a measurement of the data's dispersion from the mean. A low standard deviation implies that the data are grouped around the mean, whereas a large standard deviation shows that the data are more dispersed.

Given:

Sample standard deviation = 41.2.

So, the standard deviation

S² = (41. 2)²

S² = 1697.44

S² = 1697 ( by rounding off)

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