Moderate
A quantity obtained by applying certain rule or formula is known as ________________?
Correct answer: A. Estimate
- A. Estimate
- B. Test Statistics
- C. Estimation
- D. Sample
- E. Estimator
Explanation
An estimate is the numerical quantity produced after an estimator, such as a formula or rule, is applied to sample data. The estimator is the rule itself, not the resulting quantity.
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