2.5) The milk prices (in quarts) from a sample of 9 convenience stores in Chattanooga, Tennessee are shown below. Assume the population normality assumption holds. Store # Price Per Quart (x) 1 $1.14...

2.5) The milk prices (in quarts) from a sample of 9 convenience stores in Chattanooga, Tennessee are shown below. Assume the population normality assumption holds.

a) What is the point estimate for the prices of all convenience stores in Chattanooga?

b) What is the point estimate for the standard deviation of the population?

c) What is the probability that the sample mean price will be within 0.02pt unit of the true population mean value μ.