Consider the following discrete probability distribution. 15 22 34 40 P(X = x) О.14 0.40 0.26 0.20 Is this a valid probablity distribution? Explain. a. b. Graphically deplct this probablity distribution. What Is the probability that the random varlable Xis less C. than 40?

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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.