I'm currently working on sampling distribution and proportions in my college intro to stats class. I'm stuck on this question: A candy company that makes colored candies claims that​ 10% of the candies it produces are green and that bags are packed randomly. In a really large bag of​ candies, we found​ 12% of 500 candies were green. Is this evidence that the manufacturing process is out of control and has made too many​ greens? Explain. I need to find out how many standard deviations the observation is above the mean.

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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.