ESTIMATOR

Estimator

In statistics, an estimator is a rule for calculating an estimate of a given quantity based on observed data: thus the rule and its result are distinguished.

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estimator

Noun

  1. A person who estimates, especially one who estimates costs
  2. A function of a random sample of a population used to estimate some parameter of the whole population


The above text is a snippet from Wiktionary: estimator
and as such is available under the Creative Commons Attribution/Share-Alike License.

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