A company has the pay scales below, with the percent of employees receiving that pay listed. Find the best value to represent an average salary at this company. (round to the nearest dollar) Job Salary Percent of Employees Entry $28,397 60% Expert $44,756 38% CEO $118,876| 2%

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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.