In survey of 3005 adults aged 57 through 85 years, if was found that 82% of them used at east one prescription medication. the margin of error is 1 percentage point. 1. Identify the population: Adults aged 57 through 85 years. 2. Sample: The 3,005 adults that surveyed aged 57-85 years old 3. Parameter: Proportion of the population of interest who used at least one prescription medicine. 4. Statistic:

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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.