According to the Center for Disease Control and Prevention (CDC), up to 20% of Americans contract the influenza virus each year, and approximately 3% of all births in the United States result in birth defects each year.  Consider two randomly selected Americans and assume that these two randomly selected Americans are independent of each other.    The probability that neither of these two randomly selected Americans will contract the influenza virus in a given year is

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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.