The total amount spent on make-up by all the female students in a popular private university has a distribution that is skewed to the right (not normally distributed), with a mean of Tk, 2840, and a standard deviation of Tk. 672. Find the probability that the mean amount spent on make-up by a random sample of 36 female students would be: 10 a. Between Tk. 2600 and Tk. 2950 b. Less than Tk. 3060

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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.