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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.
Why do ecologists use the technique of sampling to estimate population size?
In many cases, it is not even possible to count signs of every member of a population. The population may be very large or spread over a wide area. In such cases ecologists usually make an estimate. An estimate is an approximation of number, based on reasonable assumptions.
