Distinguish among an estimate and an estimator


1. Distinguish among an estimate and an estimator. Find out the three desirable properties of estimators.

2. Interpret the following statement: A recent poll indicates that popular support for the mayor is 47.5% with a margin of error of +/- 3.5 percentage points 19 times out of the 20.

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Macroeconomics: Distinguish among an estimate and an estimator
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