Corn production, C, is a function of rainfall, R (in inches), and temperature, T (in degrees C). The first figure below shows how rainfall is predicted to vary with time because of global warming; the second, how temperature is predicted to vary with time because of global warming. 15 14 13 2020 2040 Graph of rainfall, Rvs, time, t 27 25 23 2020 2840 Graph of temperature, T vs. time, t Suppose that we know that (currently) AC = 3.2AR – 5.3AT Use this to estimate the change in corn production between the year 2020 and the year 2021. Change = Hence, estimate dC/dt when t = 2020. dC/dt =

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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.