Estimate

(1) A measurement or a statement about the value of some quantity that is known, believed, or suspected to incorporate some degree of error. (2) The result of applying any estimator to a random sample of data. It is not a random variable but a realization of one, a fixed quantity, and it has no variance although commonly it also furnishes an estimate of what the variance of the estimator is. (Not to be confused with an estimator, which is a prescription for obtaining an estimate.) [L. aestimo, pp. aestimatum, to appraise]

Chemwatch
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.