answersLogoWhite

0

It depends on what a 'reasonable estimator' is. A good estimator is usually one which is considered unbiased. That is

Expected value of the estimator = E[x] = the answer

In your case, the E[x] = 500 but the answer is actually 490. This represents a 2% margin of error. Since it's a pretty simple computation, I personally think that error is not reasonable.

User Avatar

Wiki User

13y ago

Still curious? Ask our experts.

Chat with our AI personalities

RafaRafa
There's no fun in playing it safe. Why not try something a little unhinged?
Chat with Rafa
ReneRene
Change my mind. I dare you.
Chat with Rene
ViviVivi
Your ride-or-die bestie who's seen you through every high and low.
Chat with Vivi

Add your answer:

Earn +20 pts
Q: Is 500 a reasonable estimate for the difference 749 259?
Write your answer...
Submit
Still have questions?
magnify glass
imp