Starting salaries of a sample of five management majors along with their genders are shown below.
Employee
Salary(in $1,000s)
Gender
1
30
F
2
28
M
3
22
F
4
26
F
5
19
M
?
a.What is the point estimate for the starting salaries of all management majors?b.Determine the point estimate for the variance of the population.c.Determine the point estimate for the proportion of male employees.
What will be an ideal response?
| a. | 25 (thousands) |
| b. | 20 (thousands) |
| c. | 0.4 |
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