roblem 1: Assume the number of downloads per day of a popular APP A follows a normally distribution with a mean of 2800 and standard deviation of 860. Answer the following 4 questions. 1) What is the probability there are 2000 or fewer downloads in a day? 2) What is the probability there are between 1500 and 2500 downloads in a day? 3) What is the probability there are more than 3000 downloads in a day? 4) Assume the company providing the downloading service has designed its servers so there is probability 0.01 that the number of downloads in a day exceeds the servers' capacity and more servers have to be brought online. How many downloads per day are the servers designed to handle?   Problem 2: A logistic company determined the distance traveled per truck per year follows a normally distribution with a mean of 50 thousand miles and standard deviation of 12

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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.