2444The weight of a mechanical component is normally distributed with a mean of  22 oz and a standard deviation of 0.5 oz a)  What is the probability that a component weighs less than 23 oz?  b)  If the specifications require that the component weight is between 21.2 oz and 23.5 oz, then what will be the probability?

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.