An elevator has a placard stating that the maximum capacity is 2325 lb-15 passengers. So, 15 adult male passengers can have a mean weight of up to  2325/15=155 pounds. If the elevator is loaded with 15 adult male passengers, find the probability that it is overloaded because they have a mean weight greater than 155 lb. (Assume that the weight of males are normally distributed with a mean of 160 lb. and a standard deviation of 27 lb). Does this elevator appear to be safe? The probability that the elevator is overloaded is

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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.