Let assume that an automobile manufacturer introduces a new battery for automobiles and tests for its fuel consumption performance for 100 number of different automobiles to see whether this new product can be labeled as user friendly. Now, the manufacturer wants to use a probability distribution for this work and draw the fuel consumption at 250 km for each of 100 automobiles. Here, the horizontal axis shows the fuel consumption (of liters) for each automobile at 250 km while the vertical axis shows corresponding densities-masses. Given this information 1. Please make a discussion on the conditions under which we can argue

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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.