Assume that IQ scores are normally distributed, with a mean of 100 points and a standard deviation of 14 points. If 50 people are chosen at random, what is the probability that the sample mean of IQ scores will be between 98 and 102? P(98 ≤ x ≤ 102) = ?

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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.