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The following data were collected from a simple random sample from an infinite population.
13 15 14 16 12
The point estimate of the population standard deviation is _____.
a. 1.581
b. 2.500
c. 2.000
d. 1.414

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Answer:

1.581

Step-by-step explanation:

Given the data:

13 15 14 16 12

The point estimate of the standard deviation will be :

√Σ(x - mean)²/n-1

Mean = Σx / n = 70 / 5 = 14

√[(13 - 14)² + (15 - 14)² + (14 - 14)² + (16 - 14)² + (12 - 14)² / (5 - 1)]

The point estimate of standard deviation is :

1.581