85% of all restaurants fail after one year. Is that number different for Chinese restaurants? Out of a random selection of 200 new Chinese restaurants, 175 had failed after one year. Use a 0.05 significance level to test your hypothesis. Do you retain or reject the null hypothesis? Retain the null.

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A: Given,n=200x=175

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A: Given, n = 39, x = 26, p = 0.533

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A: The hypothesized proportion is 0.533.

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A: X: Free-throw attempts Given: X=26n=39α=0.05 To test: p0=53.3%=0.533

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A: The sample size is 39 in which 26 are showed that Shaq made free throw attempts.

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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.