Last answered:

01 Jul 2024

Posted on:

19 Nov 2022


Estimator and Estimates

Hello, Can you give an example of an estimator? Wanted to understand the difference between estimator and estimate.

2 answers ( 0 marked as helpful)
Posted on:

28 Nov 2022


Hi according to me estimators are like functions and estimates are a value (numerical/categorical) for a sample mean would be an estimator while the value of the sample mean would be an estimate for the population mean

Posted on:

01 Jul 2024


Hi there, the sample mean itself is the estimator (i.e. the concept of the sample mean), but the value of the sample mean is the estimator

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