The nutrition label on a bag of potato chips says that a one ounce (28 gram) serving of potato chips has 130 calories and contains ten grams of fat, with three grams of saturated fat. A random sample of 35 bags yielded a confidence interval for the number of calories per bag of 128.2 to 139.8 calories. Is there evidence that the nutrition label does not provide an accurate measure of calories in the bags of potato chips? Group of answer choices A, None of the above answers is correct. Because 130 is inside the confidence interval, we have convincing evidence that the true average is any different than what the nutrition label suggests. Because 130 is inside the confidence interval, we know for certain that the true average is any different than what the nutrition label suggests. Because 130 is inside the confidence interval, we do not have convincing evidence that the true average is any different than what the nutrition label suggests.

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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.