3. A discrete random variable has the the following probability distribution 2 4 7. 8 6. P(x=x) 2k 5k 7k 6k 11k 9k 3k k 10k a) Find the value of k? b) Find E(5X+3)?

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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.