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Glossary Statistics / Term

Estimator

An estimator is a rule for "guessing" the value of a population parameter based on a random sample from the population. An estimator is a random variable, because its value depends on which particular sample is obtained, which is random. A canonical example of an estimator is the sample mean, which is an estimator of the population mean.

Permanent link Estimator - Creation date 2021-08-07


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