According to a recent report, 68% of the population has a certain medical condition. In a random sample of n=130 from this population, what is the probability at least 62.5% of the sample will have the medical conditions.   P(p̂ ≥ 0.625) = _________________ use normal approximation Note: The population is very large, and a sample of n=130 represents far less than 0.01% of the entire population

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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.