8. There are several norms of practical importance on the vector space of ordered n- tuples of numbers, notably those defined by ||| = |51|+ |62| + ... + I6n| Page 12 |F, = (16." + |62l" +...+ 6.")"" || = max{|$1],.., E}. %3D (1

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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.