Are most student government leaders extroverts? According to Myers-Briggs estimates, about 82% of college student government leaders are extroverts.† Suppose that a Myers-Briggs personality preference test was given to a random sample of 74 student government leaders attending a large national leadership conference and that 58 were found to be extroverts. Does this indicate that the population proportion of extroverts among college student government leaders is different (either way) from 82%? Use ? = 0.01.   1, What is the value of the sample test statistic? (Round your answer to two decimal places.) 2, Find the P-value of the test statistic. (Round your answer to four decimal places.)

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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.