In the last lab, we discovered that the ages of Oscar winning actors for the last 23 years is roughly symmetric and mound shaped. The distribution of ages for all Oscar winning actors at the time they receive the award is approximately normal with a mean of 44 years and standard deviation of 9 years.  The oldest actor to win the Oscar was Henry Fonda at age 76 for his performance in ‘On Golden Pond’. What percent of actors received the Oscar after the age of 70? Label and shade the picture of the area that represents this percentage below. You will notice that it is a right-tailed area. Actors who receive the Oscar before their 25th birthday are considered exceptional. What percent of actors received the Oscar before age 25? Label and shade the picture of the area that represents this percentage below. You will notice that it is a left-tailed area. What percent of actors received the Oscar between the ages of 55 and 70?

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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.