According to Bride’s Magazine, getting married these days can be
According to Bride’s Magazine, getting married these days can be expensive when the costs of the reception, engagement ring, bridal gown, pictures-just to name a few-are included. A simple random sample of 20 recent U.S. weddings yielded the following data on wedding costs, in dollars.,a. Use the data to obtain a point estimate for the population mean wedding cost, ?, of all recent U.S. weddings. The sum of the data is $526,538.,b. Is your point estimate in part (a) likely to equal ? exactly? Explain your answer.


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