Rafile Things to da: Make a plan for a Christmas raffle bonanza in which the PWD (Person with Disability) will be the beneficiaries. The plan should consist of the number of tickets corresponding prizes. Let X be the random variable representing your net gain per d the amount per ticket, and the number of winners and their teleet, and compute fhe expected value of X and the net gain if all tickets will be old out. Also, using your creativity prepare a sample of your ticket. You may use the sample guide to complete your task. Name of Project Brief Description Number of tickets to be sold Price of ticket to be sold Winners and prizes: Expected Value of X: (MMease show the probability distributions and your solutio1) Net Gain of the Project: Sample Ticket:

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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.