Here again is the probability distribution of the number of defective parts in an hour in Yves' production line: 0 1 2 |P(Y = y) |.05 .05 .10 .75 .05 3 4 What is the expected amount of defective parts in an hour in Yves' production line? .2 2.7

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A: Solution: From the given information, the probability distribution of Y is

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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.