Estimator (noun) Definition, Meaning & Examples

noun
  1. a person or thing that estimates
  2. a derived random variable that generates estimates of a parameter of a given distribution, such as ̄X, the mean of a number of identically distributed random variables X i . If ̄X is unbiased, ̄x, the observed value should be close to E (X i)
Estimator (noun) Definition, Meaning & Examples

More Definitions