When only the​ value-added time is​ considered, the time it takes to build a laser printer is thought to be uniformly distributed between 9 and 16 hours. a. What are the chances that it will take more than 11 ​value-added hours to build a​ printer? b. How likely is it that a printer will require less than 10 ​value-added hours? c. Suppose a single customer orders two printers. Determine the probability that the first and second printer each will require less than ​10 value-added hours to complete.

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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.