Resistors with a value of 1500 ohms are produced in a factory. There are deviations in the values of these produced resistances and if this deviation is more than 15%, those resistors are not used. Suppose the values of the generated resistors are an X random variable with a Gaussian distribution. Since the average value of these resistors is 1500 ohms and the standard deviation is 100 ohms, what is the probability that a produced resistor will not be used?

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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.