A survey of online shoppers showed that 2% of shoppers visited toolsRus.com during a one month period, while 5% of online shoppers visited at least one of toolsRus.com’s competitors: QuickTools.com and HandyTool.com. Assume that visiting toolsRus.com was independent of visiting a competitor. 9. Draw a Venn Diagram to show the probabilities. 10. If the shopper visited toolsRus.com, what is the probability that they would visit at least one of their competitors? 11. What percentage of shoppers visited bot toolsRus.com and at least one of their competitors? 12. What percentag

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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.