In a town, the area of houses (in m) are assumed to be normal with mean of 100 m2 and a standard deviation of 20 m2. (Write your answer in 4 decimal places as needed) 1. Find the probability that the area of a randomly selected house is less than 90 m2 or more than 150 m2. Answer: 2. Find the probability that the area of a randomly selected house is 10µ less than Answer:

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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.