I think, the estimate is a numerical value, wile the estimator is a function or operator, which can be generate more estimates according to some factors. For example (xbar) is estimator for (meu), which can be various when the sample size in various, the value that will be produced is an (estimate), but (xbar) is estimator.
I've been doing a little bit of research on this and i think the main difference between the two is that an estimator is function/formula/a process of calculations that give you an estimate( which is a final figure that expresses and is meant to equal a figure i.e population mean but does not actually equal it due to various errors in the given data/sample)
Estimator is a noun that usually refers to the person or device doing the calculating or figuring. The estimate also can be used as a noun, referring to the result of a calculation or amount figured out, whether it be financial or area (i.e. furniture dimensions or price), it is the end result. However, estimate can also be used as the verb-the act of doing the calculating to come up with a certain amount or number.
The difference between 750 and 1200 is 450.
A supplementary estimate refer to the additional or extra estimate. A revised estimate is the difference between the former budget estimates and the actual expenditure, which is usually presented in the next budget.
An actual measurement is going to be more accurate than an estimate.
I've been doing a little bit of research on this and i think the main difference between the two is that an estimator is function/formula/a process of calculations that give you an estimate( which is a final figure that expresses and is meant to equal a figure i.e population mean but does not actually equal it due to various errors in the given data/sample)
Estimator is a noun that usually refers to the person or device doing the calculating or figuring. The estimate also can be used as a noun, referring to the result of a calculation or amount figured out, whether it be financial or area (i.e. furniture dimensions or price), it is the end result. However, estimate can also be used as the verb-the act of doing the calculating to come up with a certain amount or number.
The difference between 750 and 1200 is 450.
A supplementary estimate refer to the additional or extra estimate. A revised estimate is the difference between the former budget estimates and the actual expenditure, which is usually presented in the next budget.
clear number and guessing
An actual measurement is going to be more accurate than an estimate.
An estimate is an educated guess. Approximate and round off mean "about".
An Estimate is what someone thinks it will cost. A Quote is a fixed price to get the job done.
0.487=0.52-0.5=1.5
A revised estimate is the difference between the former budget estimates and the actual expenditure, which is usually presented in the next budget.
46.78-18.55 and estimate each sum or difference = 28.23
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