Question

BRIANILEIST INCLUDED!!!!!

Explain how to use estimation to help find the product of two decimals. Give an example with both estimated and actual answers.

Answer 1

Typically, estimation involves "using the value of a statistic derived from a sample toestimate the value of a corresponding population parameter". The sample provides information that can be projected, through various formal or informal processes, to determine a range most likely to describe the missing information.