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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.
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Difference between estimate estimator?
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.
Differences between estimator and estimate in mathematics and statistics?
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)
Estimate the difference between 750 and 1200?
The difference between 750 and 1200 is 450.
Difference between revised estimate and supplementary estimate?
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.
What is the difference between actual measurement and estimate?
An actual measurement is going to be more accurate than an estimate.
