of adults felt the U.S. Treasury should continue making pennies. Suppose we select a sample of 15 adults. a. How many of the 15 would we expect to indicate that the Treasury should continue making pennies? What is the standard deviation? b. What is the likelihood that exactly eight adults would indicate the Treasury should continue making pennies? G. What is the likelihood at least eight adults would indicate the Treasury should con- tinue making pennies?

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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.