The number of flaws per square yard in a type of carpet material varies with mean 1.6 flaws per square yard and standard deviation 1.2 flaws per square yard. Calculate the probability of the second event in randomly selecting 50 square yards of material and finding an average of 2 or more flaws 0.9908 0.0092 0.3694 Approximately 0 0.6306

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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.