Refer to the accompanying data display that results from a sample of airport data speeds in Mbps. Complete parts​ (a) through​ (c) below.   TInterval ​(13.046,22.15) x=17.598 Sx=16.01712719 n=50 Identify the best point estimate of μ and the margin of error.   The point estimate of μ is nothing Mbps.

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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.