In a certain village accidents occur infrequently. It is known that the probability of an accident on any given day is 0.02 and accidents are independent of each other. What is the probability that in any given period of 400 days there will be an accident on one day? Use Poisson approximation. O a. 0.0027 O b. 0.9973 O C. 0.0150 O d. 0.2710

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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.