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Earn +20 ptsQ: What is the difference between a quote and estimate?
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What is the difference between round off estimate and approximate?
An estimate is an educated guess. Approximate and round off mean "about".
What is the difference between estimate and rounding?
An Estimate is basically a guess. Rounding is when you have an answer and you shorten the answer to a given number of digits. eg $27482 would round to $27500 to the nearest hundred dollars.
What is the difference between statistics and parameter?
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What is the difference between the population and sample regression functions? Is this a distinction without difference?
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