A random sample of 121 bottles of cologne showed an average content of 4 ounces. it is known that the standard deviation of the contents (i.e., of the population) is 0.22 ounces. refer to exhibit 7-1. the point estimate of the mean content of the bottles is

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The point estimate of the mean content of the bottles is 4.

How to illustrate the point estimate?

It should be noted that the mean of a set of numbers that was given regarding an information.

It should be noted that the point estimate simply means the single value estimate of a parameter. In this case, the showed an average content of 4 ounces. Therefore, the point estimate of the mean content of the bottles is 4.

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