According to a recent report, 46% of the popualtion has a particular medical condition. In a random sample of n = 380 from this population', ¿what is the probability at least 43.3% of the sample will have the medical condition? P(p > 0.433) = Use the normal approximation to answer this question. "Note: The population is very large, and a sample of n = 380 represents far less than 0.01% of the entire population.

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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.