Which of the following is the 99% confidence interval estimation for the mean monthly rental fee for a one-bedroom home at the North Pole is based upon a random sample of 25 homes and a sample mean of $205.50? The sample standard deviation is $40.     (183.12,227.88)     (184.89,226.11)     (195.32,215.68)     I did not know there were homes for rent at the North Pole.     none of these

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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.