Sample data on weekly sales of two dairy products, X and Y were reported as follows: Lilongwe dairy, X 120 100 160 250 180 130 300 40 Long life, Y 70 86 67 100 45 80 90 95 a. Apply the CV, and find out which of the 2 products shows greater fluctuations in sales.

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Q: Number of Facilities Number 9 11 16 21 27 30 Average Distance (miles) 1.67 1.11 0.83 0.63 0.52 0.46…

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Q: The table below shows the number of state-registered automatic weapons and the murder rate for…

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Q: Calculate the value of mode from the following data: Marks : 10 15 20 25 30 35 40 Frequency 8 12 36…

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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.