A sample space contains 7 sample points and events AA and BB as seen in the Venn diagram. Let P(1)=P(2)=P(3)=P(7)=0.05P(1)=P(2)=P(3)=P(7)=0.05 P(4)=P(5)=0.1P(4)=P(5)=0.1 and P(6)=0.6P(6)=0.6. Use the Venn diagram and the probabilities of the sample points to find: (a)  P(A´) = (b)  P(A´∩B) =  (c)  P(B´)=  (d)  P(A∪B)=

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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.