Question: What is the difference between an estimator and an estimate? A. An estimate is a function of a sample of data to be drawn randomly

 What is the difference between an estimator and an estimate? A.

What is the difference between an estimator and an estimate? A. An estimate is a function of a sample of data to be drawn randomly from a population whereas an estimator is the numerical value of the estimator when it is actually computed using data from a specific sample. B. An estimator is a function of a sample of data to be drawn randomly from a population whereas an estimate is the numerical value of the estimator when it is actually computed using data from a specific sample. C. Both an estimator and an estimate are functions of a sample of data to be drawn randomly from a population. D. Both an estimator and an estimate are numerical values computed using data from a specific sample. Determine whether the following are examples of estimators, estimates or neither. A. The sample variance is 6.3 . B. The sample variance is X. C. The variance of random variable Z in a population. D. The sample average is 68.4 . E. The sample average is X. neither estimate estimator

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