Question

What is the best point estimate for the population's standard deviation if the sample standard deviation is 37.3

Answer 1

The best point estimate for the population's standard deviation is 37.3.

Explanation:

Best point estimate:

The best point estimate for the population mean is the sample mean.

The best point estimate for the population standard deviation is the sample standard deviation.

In this question:

Sample standard deviation of 37.3, and thus, the best point estimate for the population's standard deviation is 37.3.