A real estate agent has surveyed houses in twenty nearby zip codes in an attempt to put together a comparison for a new property that she would like to put on the market. The 1057 houses she surveyed have a mean price of ​$176,000​, with a standard deviation of $74,137. The mean living area is 2135 sq​ ft, with a standard deviation of 592 sq ft. Which is more​ unusual, a house in that market that sells for ​$400,000 or a house that has 4000 sq ft of living​ area? Choose the correct answer below. The house that sells for ​$400,000 has a​ z-score of a. _______ and the house with 4000 sq ft has a​ z-score of b. _____. ​Plzz explain. Ty

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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.