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Briefly explain the meaning of an estimator and an estimate. An estimator is an interval where one is confident to a certain percent that the
Briefly explain the meaning of an estimator and an estimate.
| An estimator is an interval where one is confident to a certain percent that the value of interest is in the interval, while an estimate is the value of a sample statistic used to estimate a population parameter. |
| An estimator is a prediction of the mean based on the population, while an estimate is a prediction of the mean based on a sample. |
| An estimator is a sample statistic used to estimate a population parameter, while an estimate is the value(s) assigned to a population parameter based on the value of a sample statistic. |
| An estimator is the value of a sample statistic used to estimate a population parameter, while an estimate is an interval where one is confident to a certain percent that the value of interest is in the interval. |
| An estimator is the value(s) assigned to a population parameter based on the value of a sample statistic, while an estimate is a sample statistic used to estimate a population parameter. |
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An Introduction to Measure Theoretic Probability
Authors: George G. Roussas
2nd edition
128000422, 978-0128000427
