Step 1 :Given data is [2.4, 2.1, 2.9, 2.6, 2.7, 2, 2.4, 2, 2.1].
Step 2 :The point estimate for the population mean length of time can be calculated by finding the average of the given data.
Step 3 :The formula to calculate the mean is \(\frac{\sum x}{n}\), where \(\sum x\) is the sum of all the values and \(n\) is the number of values.
Step 4 :Sum of all the values is \(2.4 + 2.1 + 2.9 + 2.6 + 2.7 + 2 + 2.4 + 2 + 2.1 = 20.2\).
Step 5 :The number of values is 9.
Step 6 :Substituting these values into the formula, we get \(\frac{20.2}{9} = 2.355555555555556\).
Step 7 :Rounding this to 4 decimal places, we get 2.3556.
Step 8 :So, the point estimate for the population mean length of time is \(\boxed{2.3556}\).