To the nearest thousand, 5000
Chat with our AI personalities
Consider a distribution with an unknown parameter pi. If the true value of pi is not known but has been estimated, then the estimated value is usually denoted by pi-hat. This is to distinguish between a known parameter and an estimated one.
Estimation is a range of the subject spoken about. There is estimated to be over 90 different species of birds in California.
To the nearest hundred, 500
One possibility is 55
One possibility is 95