noun
- people who calculate or judge the approximate cost, size, or value of something
- statistical functions or formulas used to estimate population parameters from sample data
Usage: statistics; mathematics
Examples
- The insurance company sent estimators to assess the damage from the storm.
- Construction estimators calculated that the project would cost $2 million.
- Professional estimators help homeowners determine renovation costs.
- The real estate estimators valued the property at $450,000.
- In statistics class, we learned about different types of estimators.
- Maximum likelihood estimators are commonly used in data analysis.
- The estimators provided by the contractors varied significantly.