Last years freshman class at Big State University totaled 5,303 students of those, 1,266 receviced a meritscholrship to hep offset tuition cost their freshman year (although the amount varied per student). The amount a student receiced was N($3,458, $473). If the cost of full tuition was 4,200 last year, what percentage of students who received a merit scholarship did not receive enough to cover full tuition. ( round to nearest whole percentage)   Percentage of students

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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.