Nexium is a drug that can be used to reduce the acid produced by the body and heal damage to the esophagus. A researcher wants to estimate the proportion of patients taking Nexium that are healed within 8 weeks. A random sample of 224 patients suffering from acid reflux disease is obtained, and 213 of those patients were healed after 8 weeks. a. Identify the population of interest and sample of interest. what is the sample size? b. Describe the parameter of interest. c. Describe the statistic of interest. What value of the statistic obtained?

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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.