Approximately 75% of all marketing personnel are extroverts, whereas about 60% of all computer programmers are introverts. a. At a meeting of 10 marketing personnel, i. If ? is the number of marketing personnel that are extrovert, write the formula for the probability ?(?). ii. What is the probability that 3 or more are extroverts? iii. Find the expected value of marketing personnel that are extroverts.

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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.