Meals A restauranteur anticipates serving about 180people on a Friday evening, and believes that about 20%of the patrons will order the chef’s steak special. Howmany of those meals should he plan on serving in orderto be pretty sure of having enough steaks on hand to meetcustomer demand? Justify your answer, including anexplanation of what “pretty sure” means to you.

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Q: None

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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.