The average hole diameter of a bushing resulting from a production process is 42 mm. On average 18 out of 20 these bushing diameter values ​​lie between 41.6 and 42.4 mm. If now 90 samples are randomly taken, each consisting of 16 bushings, and the average price of each sample of these 90 samples is depicted as points on a map with the lower and upper limits of 41.9 and 42.1 mm, respectively. Determine how many points of this imagery lie outside this boundary.

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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.