A survey was conducted that asked 1018 people how many books they had read in the past year. Results indicated that x=14.1 books and s=16.6 books. Construct a 99​% confidence interval for the mean number of books people read. Interpret the interval. Construct a 99​% confidence interval for the mean number of books people read and interpret the result. Select the correct choice below and fill in the answer boxes to complete your choice. ​(Use ascending order. Round to two decimal places as​ needed.)   A. There is a 99​% probability that the true mean number of books read is between nothing and nothing.   B. There is 99​% confidence that the population mean number of books read is between nothing and nothing.

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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.