A test to determine whether a certain antibody is present is 99.7​% effective. This means that the test will accurately come back negative if the antibody is not present​ (in the test​ subject) 99.7​% of the time. The probability of a test coming back positive when the antibody is not present​ (a false​ positive) is 0.003.  Suppose the test is given to seven randomly selected people who do not have the antibody. What is the probability that the test comes back negative for all seven ​people? and what is the probability that the test comes back posit

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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.