A sample of 339 people is selected. The people sampled are classified according to their place of residence and the highest educational degree that they have earned. The results are given in the contingency table below. Highest degree earned No college degree Two-year degree Four-year degree Advanced degree Urban 19 44 33 25 Place of residence Suburban 39 41 21 26 Rural 15 29 18 What is the relative frequency of people in the sample who have an advanced degree? Round your answer to two decimal places. 29

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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.