7.) A multinational business unit has an examination system for the batches of ventilator units bought from dealers. A batch typically comprises 80 ventilator. În the inspection system a random sample of 10 is selected and all are tested. Supposed there are 5 faculty ventilators in the batch of 80. What is the probability that for a given sample there will be 2 to 3 faulty ventilators?

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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.