4. Dan and Phil are preparing to host a party. They want to have a set of cornhole boards for guests to play. They have ordered a cornhole set online. There is an 84% chance that the cornhole set will arrive in time for the party. If the cornhole set arrives in time, then Annie (who loves to play the game) will attend with a probability 0.95. In the event there is no cornhole, Annie will not attend Dan and Phil's party with a probability of 0.27. a) Represent this situation with a tree diagram. Label the parts clearly. b) What is the probability there is no cornhole? c) What is the probability Annie attends Dan and Phil's party?

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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.