Stress is applied to a 20-in. steel bar that is clamped in afixed position at each end. Let Y 5 the distance from theleft end at which the bar snaps. Suppose Y/20 has a standardbeta distribution with E(Y) 5 10 and V(Y) 5 1007 .a. What are the parameters of the relevant standard betadistribution?b. Compute P(8 # Y # 12).c. Compute the probability that the bar snaps more than2 in. from where you expect it to.

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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.