With one method of a procedure called acceptance sampling, a sample of items is randomly selected without replacement and the entire batch is accepted if every item in the sample is okay. The ABC Electronics Company has just manufactured 2100 write-rewrite CDs, and 170 are defective. If 6 of these CDs are randomly selected for testing, what is the probability that the entire batch will be accepted?Rounded to four decimal place accuracy.

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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.