The mean annual salary for environmental compliance specialists is $66,000, and furthermore assume that the standard deviation is known to be $12,000 What is the probability that a randomly selected environmental compliance specialist has a salary below $60,000. Round to 4 decimal places:     For a sample size of n=35, what is the mean and standard deviation for the sampling distribution?  Round your answers to two decimal places:    If a random sample of 35 specialists is drawn from this population, what is the probability that the mean salary of the sample is less than $60,000.  Round to 4 decimal places:

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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.