Meaning of the word estimator in English
What does estimator mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
estimator
US /ˈɛstɪˌmeɪtər/
UK /ˈestɪmeɪtər/
Noun
1.
a person whose job is to calculate the cost of something
Example:
•
The construction company hired a new estimator to bid on projects.
•
As an experienced estimator, he could accurately predict project costs.
2.
a statistic used to estimate an unknown parameter in a statistical model
Example:
•
The sample mean is a common estimator for the population mean.
•
The maximum likelihood estimator is often used in statistical inference.