Seventeen percent of U.S. employees who are late for work blame oversleeping. You randomly select four U.S. employees who are late for work and ask them whether they blame oversleeping. The random variable represents the number of U.S. employees who are late for work and blame oversleeping. Find the mean of the binomial distribution.   μ=   ​(Round to the nearest hundredth as​ needed.)

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A:

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A:

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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.