A marketing company is interested in the proportion of people that will buy a particular product. Match the vocabulary word with its corresponding example. -abcdef The list of the 380 Yes or No answers to whether the person bought the product -abcdef The proportion of the 380 observed people who buy the product -abcdef The answer Yes or No to whether a person bought the product -abcdef The proportion of all people in the company's region who buy the product -abcdef The 380 randomly selected people who are observed to see if they will buy the product -abcdef All people in the marketing company's region Data Variable Parameter

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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.