Samuel F.B. Morse (1791 – 1872), the creator of Morse Code, claimed that 12% of all letters used in the English language were “e”s.  Suppose random samples of 196 letters are selected from a book What is the standard deviation of the sampling distribution for the proportion of "e"s contained in the random sample of 196 letters?

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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.