We believe that 27% of students struggle with math blasses because they don't spend more than 8 hours studying independently outside of a 4-unit class. Assume this is the true proportion and you plan to randomly survey 74 students to investigate their study habits. Show you ranswer to 4 decimal places when necessary. 1. What is the distribution of p̂? p̂~N 2. What is the probability that the sample proportion is more than 0.33? 3. What is the probability that the sample proportion is between 0.24 and 0.27?

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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.