A Nielsen Company report states that the mean number of TV sets in a U.S. household is 2.24. Assume the standard deviation is 1.2. (Provide your answer with four decimal places) A. If a household is selected at random  what is the probability that the number of TV sets is greater than 2 in that household?  B.If a sample of 64 households selected  what is the probability that the sample mean number of TV sets is greater than 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.