Last answered:

04 Sept 2022

Posted on:

22 Jan 2022

0

what is the difference between estimate and estimator?

In the Practice exam I did not understand the last question. what is the difference between estimate and estimator? Can you help me with that please. The answer says the Number is the estimator.....thanks

2 answers ( 0 marked as helpful)
Posted on:

17 Aug 2022

4

estimator is the rule we use to calculate a specific data base and the estimate is the result

Posted on:

04 Sept 2022

3

The formula we apply to determine the population number is represented by an estimator, but the numeric value is represented by an estimate. The mean symbol x bar, for example, is an estimator that equals the sample mean rule, but the value like: 20, is an estimate.

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