The flow in a river can be modeled as a log-normal distribution. From the data, it was estimated that, the probability that the flow exceeds 821 cfs is 50% and the probability that it exceeds 100 cfs is 90%. Let X denote the flow in cfs in the river. What is the mean of log (to the base 10) of X? Please report your answer in 3 decimal places.

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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.