Estimator
(noun)
- A person or tool that estimates or calculates the value, number, or size of something.
- A mathematical function used to estimate a desired quantity from observed data.
Origin:
From french estimateur, from latin aestimatus, past participle of aestimare ("to estimate"), from aes ("bronze, copper") + timare ("to value").
Examples:
- The contractor used an estimator to calculate the cost of the renovation project.
- The software program acted as an estimator, providing accurate predictions for sales revenue.
- The surveyor acted as an estimator, determining the value of the property.
- The statistician used an estimator to determine the population mean from a sample.
- The engineer used an estimator to predict the strength of the structure under different loads.