Exit polling is a popular technique used to determine the outcome of an election prior to results being tallied. Suppose a referendum to increase funding for education is on the ballot in a large town​ (voting population over​ 100,000). An exit poll of 400 voters finds that 192 voted for the referendum. How likely are the results of your sample if the population proportion of voters in the town in favor of the referendum is 0.52​? Based on your​ result, comment on the dangers of using exit polling to call elections. How likely are the results of your sample if the population proportion of voters in the town in favor of the referendum is 0.52​?

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A: p = 0.52 n = 500

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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.