A college entrance exam company determined that a score of 25 on the mathematics portion of the exam suggests that a student is ready for​ college-level mathematics. To achieve this​ goal, the company recommends that students take a core curriculum of math courses in high school. Suppose a random sample of 150 students who completed this core set of courses results in a mean math score of 25.4 on the college entrance exam with a standard deviation of 3.2. Do these results suggest that students who complete the core curriculum are ready for​ college-level mathematics? That​ is, are they scoring above 25 on the mathematics portion of the​ exam? a)use the​ P-value approach at the α=0.10 level of significance to test the hypotheses. Identify the test statistic. b) identify the critical value c) conclude, accept or reject? is there sufficient evidence?

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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.