Clothing Prices ($) Store A Store B 10 15 20 25 30 35 40 45 50 55 60 1. Estimate the IQR for Store A. 2. What store has a higher percent of clothes that are less than $35? 3. What store has overall cheaper prices? 4. Which store has a higher range? 5. What percent of store B's prices are more expensive than $25?

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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.