From a large number of actuarial exam scores, a random sample of  200  scores is selected, and it is found that  148  of these  200  are passing scores. Based on this sample, find a  90%  confidence interval for the proportion of all scores that are passing. Then complete the table below. Carry your intermediate computations to at least three decimal places. Round your answers to two decimal places. What is the lower limit of the  90%  confidence interval?   What is the upper limit of the  90%  confidence interval?

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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.