November 6, 2018 was Election Day. Many of the major television networks aired coverage of the incoming election results during the primetime hours. The provided table displays the amount of time (in minutes) spent watching election coverage for a random sample of 25 U.S. adults.    123 120 45 30 40 86 36 52 86 2 70 155 70 168 156 107 126 66 71 97 73 90 69 5 68     What is the population parameter of interest?             Construct a 95% confidence interval for the mean amount of time (in minutes) U.S. adults spent watching election coverage on election night.             Interpret your 95% confidence interval in the context of this data situation.

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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.