A pair of Apple Air Pods costs $160 and increases in value by 9% each year. Write a function that represents price of the Air Pods after t years. O y= 160(1+0.09)' O y = 160(1 – 0.9)' O y= 160(1+ 0.9)' O y= 160(1– 0.09)

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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.