Age Age   Gender Under 40 40 or Older Total Male  12 2 14 Female 8 3 11 Total 20 5 25 The table above shows the distribution of age and gender for 25 people who entered a contest. If the contest winner will be selected at random, what is the probability that the winner will be either a female or 40 or older? 13/25 16/25 3/25 10/25

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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.