John runs a computer software store. Yesterday he counted 137 people who walked by his store, 68 of whom came into the store. Of the 68, only 45 bought something in the store. c). Estimate the probability that a person who walks by the store will come in and buy something. d). Estimate the probability that a person who comes into the store will buy nothing.

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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.