Job Elimination In the past year, 10% of businesses have eliminated jobs. If 4 businesses are selected at random, find the probability that at least 2 have eliminated jobs during the last year. Round your answer to at least three decimal places. P(at least 2 have eliminated jobs during the last year) =

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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.