#9 In the previous problem, people sampled three crackers: one from a manufacturer and two from competitors. It turns out that 35% of people thought the manufacturers’ cracker tasted best, while the other two crackers were chosen as best by 33% and 32% of the sample respectively. In two or more complete sentences, explain whether or not the manufacturer should market this new cracker throughout the country.

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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.