1. **Problem:** Find the point estimate for the average time spent in the store for all customers based on a sample.
2. **Formula:** The point estimate for the population mean is the sample mean, given by:
$$\bar{x} = \frac{\sum x_i}{n}$$
where $\bar{x}$ is the sample mean, $x_i$ are the sample values, and $n$ is the sample size.
3. **Given:** Sample size $n=100$, sample mean $\bar{x}=25$ minutes, standard deviation $s=5$ minutes.
4. **Solution:** Since the point estimate for the population mean is the sample mean, the estimate is:
$$\bar{x} = 25$$
5. **Interpretation:** We estimate that the average time spent in the store for all customers is 25 minutes based on the sample.
This completes the solution for the first question.
Point Estimate Time 3D01B1
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