In Canada, there are approximately 106 boys born for every 100 girls (this is only approximate, but let’s assume that it is exact). If a family in Canada has 5 children, what is the probability that they have at least one boy and at least one girl? State your answer as a decimal rounded to four decimal places. Hint: think carefully about what the complement of this event is.

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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.