All-Numeric Passwords. The technology consultancy Data- Genetics published the online document PIN analysis. In addition to analyzing PIN numbers, password trends were examined. Seven million all-numeric passwords were collected and yielded the following estimate of the probability distribution of the number of digits used in an all-numeric password. Digits Probability Digits Probability 4 0.492 9 0.029 5 0.092 10 0.015 6 0.178 11 0.004 7 0.073 12 0.003 8 0.113 13 0.001 a. Explain why the probabilities in the table provide only an estimate of the true probabilities.b. Estimate the probability that an all-numeric password contains at least six digits.

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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.