7/10 Incorrec Correct Question 8 of 10, Step 1 of 1 Two landscaping companies made bids on the landscaping of a new apartment complex. Company A bid $580,000 for materials and plants and $192,000 for labor. Company B bid S553,000 for materials and plants and $169,000 for labor. How much lower was the bid made by Company B? E Keypad Answer How to enter your answer Keyboard Shortcuts $ 384,000

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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.