The probabilities of a machine 1, 2, 3, 4, 5 or 6 defective parts in one day are 0.75, 0.17, 0.04, 0.025, 0.01, and 0.005, respectively. Find the mean of the probability distribution. 2. How many different samples of size n=3 can be selected from a population with the following sizes? a. N =4 b. N=8 c. N = 20 d. N=50 e. N= 12

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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.