Answer: 3.01
Step-by-step explanation:
We know that is the population mean unknown , then the sample mean[tex](\overline{x})[/tex] is the best point estimate for population mean [tex]\mu[/tex].
Let [tex]\mu[/tex] be the population mean weight of packages of ground ground chuck labeled "3 pounds."
Given : A sample of 36 packages reveals the mean weight to be 3.01 pounds.
i.e. sample mean = 3.01
Then, the estimated population mean should be 3.01.
Hence, the estimated population mean= 3.01