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Definitions from WordNet

Definitions from the Web

Estimators

Description:

Estimators refer to individuals or tools used in the process of estimating or making an approximate calculation of something. They are commonly utilized in various fields such as statistics, mathematics, engineering, and business.

Usage:

As a noun:

1. In statistics, estimators are used to estimate population parameters based on observed data.

Example: The maximum likelihood estimator is commonly employed to estimate the population mean.

2. Construction estimators are experts who determine the approximate costs and resources required for a construction project.

Example: The construction estimator provided a detailed breakdown of the expenses involved in building the new office complex.

As a verb:

1. To estimate or make an approximation of something.

Example: The software automatically estimates the total cost based on the provided inputs.

2. To assess or evaluate something based on limited information.

Example: The teacher estimated the students' performance by reviewing their previous work.

Possible Related Products:

• Statistics Estimators
• Construction Estimators
• Estimate Software