Use the data in the table below, which shows the employment status of individuals in a particular town by age group. Age Full-time Part-time Unemployed 0—17 25 170 394 18—25 231 176 268 26—34 300 64 23 35—49 510 175 170 50+ 332 167 336 If a person is randomly chosen from the town's population, what is the probability that the person is under 18 or employed part-time?

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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.