Homework Help: statistics

Posted by Quintunya on Saturday, March 16, 2013 at 10:46am.

The starting salaries of a random sample of three students who graduated from North Carolina State University last year with majors in the mathematical sciences are $45,000, $50,000, and $40,000. Find a point estimate of the population mean of the starting salaries of all math science graduates at that university last year.

statistics (incomplete) - PsyDAG, Saturday, March 16, 2013 at 2:11pm
A sample of three is too small. Also the distribution is not likely to be normal. With what little data you have, my best guess would be the median of the three scores.

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