Distinguish between an estimator nd estimate
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As we have already mentioned,we use
a statistic to estimate a parameter.For
example,we say that the sample
mean X is an estimator of the population
mean m and the computed value
x of X is an estimate of m.The estimator
is a sampling random variable and the
estimate is a number.
a statistic to estimate a parameter.For
example,we say that the sample
mean X is an estimator of the population
mean m and the computed value
x of X is an estimate of m.The estimator
is a sampling random variable and the
estimate is a number.
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