A car company wants to know the monthly sales made in ($000), based on the brand of vehicle. The data collected was entered on a MINITAB spreadsheet for analysis. Exhibit II below was subsequently generated. Exhibit 2 Model N Mean Median Tri.Mean Std Dev S.E. Mean Hyundai Тoyota 23 109 135 107.64 1.34 27 165 124 143.65 9.5 **

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
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a) Determine the values of * and **. 
b) Give the unbiased point estimate for the average monthly earning from Hyundai Vehicles.

c) Give the unbiased point estimate for the variance of monthly earning from Hyundai Vehicles.

A car company wants to know the monthly sales made in (S000), based on the brand of vehicle.
The data collected was entered on a MINITAB spreadsheet for analysis. Exhibit II below was
subsequently generated.
Exhibit 2
Model
Mean
Median
Tri.Mean
Std Dev
S.E. Mean
Нyundai
Тoyota
23
109
135
107.64
*
1.34
27
165
124
143.65
9.5
**
Transcribed Image Text:A car company wants to know the monthly sales made in (S000), based on the brand of vehicle. The data collected was entered on a MINITAB spreadsheet for analysis. Exhibit II below was subsequently generated. Exhibit 2 Model Mean Median Tri.Mean Std Dev S.E. Mean Нyundai Тoyota 23 109 135 107.64 * 1.34 27 165 124 143.65 9.5 **
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