Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is the diference between an calimater and an estimate? O A. An estimator is a function of a sample of data to be drawn
What is the diference between an calimater and an estimate? O A. An estimator is a function of a sample of data to be drawn randomly from a population whereas an esamate is the numerical value of the estimator when it is actually computed using data from a specific sample. Q B. Both an estimator and an estimate am numerical values computed using data from a spacific sample. G. An estimate is a furtion of a sample of date to be drawn randomly from a population whereas an estimator is the numerical value of the estimator when it is actually computed using data from a specific sample. O D. Both an estimator and an estimate are functions of a sample of data to be drawn randomly from a population. Determine whether the following are examples of estimators, estimates or neither. A. The sample average is X. B. The sample average is 61.7. C. The sample variance is ay. D. The sample variance is 1.6 E. The mean value of random variable Y in a population. neither Balimate estimator
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started