In a typical telemarketing campaign, 4% of the people contacted agree to purchase the product. If its quota is to sign up 24 people, approximately how many phone calls does it anticipate making? It should anticipate making phone calls to sign up 24 people. (Simplify your answer. Type an integer or a decimal.)

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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.