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What is an estimate based on?
It is based on approximate values for the variable or a model which is not accurate or both.
An estimate is not a guess because an estimate is based on?
Some previously held information, which is used to come to an estimate. A guess involves no previously held information.
What is statistical estimate?
A statistical estimate is an estimation of population based on one or many data samples of a group. There are two types of estimates: point and interval.
How do you use rate in everyday life situation?
To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.To estimate journey times you would use speed which is a rate of displacement.If you have a job, you will be paid at an hourly, monthly or annual rate. Or, if on commission, on a rate based on your sales.
What is an educated guess based on knowledge and observation?
In mathematics, it is often useful to make an educated guess when working on the solution to a problem. This is called an estimate.
Is an estimate based on known information?
a estimate is based on known information it is just not a true answer.
Is it true that an estimate is based on known information?
An estimate is a "give or take" answer based on the knowledge that is known pertaining a certain subject
What is an estimate based on?
It is based on approximate values for the variable or a model which is not accurate or both.
An approximation of a number based on reasonable assumptions?
estimate
Can 50.4 be estimate?
Sure. The idea o an estimate is "best guess" based on available data
An estimate is not a guess because an estimate is based on?
Some previously held information, which is used to come to an estimate. A guess involves no previously held information.
What is the estimate of fourteen 1790?
My estimate, based 15*17 is 25500.I can do 15*17 because it is 162-1.
What is another word for prediction based on numbers?
an estimation or an estimate
What is an approximation of a number based on reasonable assumptions is called?
estimate
What decision was based on Christopher Columbus's estimate?
The Earth's circumference.
Most modern maps will provide an estimate of the time it will take you to travel to your destination. What is the estimate based on?
Paper maps time is based on the speed limits. A digital map usually changes and will show the estimated drive time which is current based on traffic.
Most modern maps will provide an estimate of the time it will take you to travel your destination what is the estimate based on?
Paper maps time is based on the speed limits. A digital map usually changes and will show the estimated drive time which is current based on traffic.
