Do you think global warming will have an impact on you during your lifetime? A CBS News/New York Times poll of 1000  adults in the United States asked this question (CBS News website, December,2014 ). Consider the responses by age groups shown below. Response    18-29     30+ Yes                134        293 No                 131        432 Unsure               2           8 What is the probability that a respondent 18-29 years of age thinks that global warming will not pose a serious threat during his/her lifetime (to 4 decimals)?

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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.