Recently, a University Surveyed Recent Graduates of the English Department

Multiple Choice

Recently, a university surveyed recent graduates of the English Department for their starting salaries. Four hundred graduates returned the survey. The average salary was $55,000 with a standard deviation of $2,500. What is the best point estimate of the population mean?

A) $55,000
B) $52,500
C) 400
D) $62.5