Indrilling a vertical wellbore, the spacing between major fractures are recorded. It has been found that this spacing is having a mean of 180o ft and a variance of 3,240,000 ft In the first 2000 ft drilling, there was no present of major fracture in the well. Determine the probability that there is a major fracture at the depth of 2000-3500 ft. Select one: a.0.57 b.o.43 C. O.19 do 82

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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.