The table shows the number of video games sold worldwide for the five​ highest-selling video games in 2010. Assuming this trend continues and that the total sales of all other video games is​ negligible if a person chooses to purchase one of these video​ games, determine the empirical probability that the person will purchase ​a) Game 2. ​b) Game 5. ​c) Game 1.   Game Games Sold Game 1 18,560,000 Game 2 17,490,000 Game 3 11,600,000 Game 4 11,180,000 Game 5 8,410,000 Total 67,240,000

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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.