Auto Repair Insurance A person calls people to ask if they would like to extend their automobile insurance beyond the normal 3 years. The probability that the respondent says yes is about 31%. If she calls 10 people, find the probability that the first person to say yes will occur with the fourth customer. Round your answer to at least three decimal places. P(yes with the fourth customer) =| %3D

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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.