0000 1. You buy one P500.00 raffle ticket for a prize of new car (Toyota Wigo) valued at P675, 000.00. Two thousand tickets are sold. If X denotes the net gain from the purchase of a randomly selected ticket, which of the following tables of values shows the A B C D probability distribution of X? А. С. -500 1999 675,000 674,500 -500 P(x) P(x) 1999 2000 2000 2000 2000

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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.