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Estimate

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Estimate - definitions

Estimate - A characteristic from the sample from which inferences on parameters can be made.

[Category=Quality Assurance ]

Source: Massachusetts Department of Environmental Protection, 19 March 2011 07:36:51, http://www.mass.gov/dep/cleanup/laws/glossa01.htm External


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Estimate - An estimate is an indication of the value of an unknown quantity based on observed data. More formally, an estimate is the particular value obtained from a particular sample of data and used to indicate the value of a parameter.

[Category=Data Quality ]

Source: Australian Bureau of Statistics, 24 November 2012 10:19:34, http://www.nss.gov.au/dataquality/glossary.jsp External  


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