Estimand vs. Estimate

Estimandnoun

(statistics) that which is being estimated.

Estimand

An estimand is a quantity that is to be estimated in a statistical analysis. The term is used to more clearly distinguish the target of inference from the method used to obtain an approximation of this target (i.e., the estimator) and the specific value obtained from a given method and dataset (i.e., the estimate).

Estimatenoun

A rough calculation or assessment of the value, size, or cost of something.

Estimatenoun

(construction and business) A document (or verbal notification) specifying how much a job is likely to cost.

Estimatenoun

An upper limitation on some positive quantity.

Estimateverb

To calculate roughly, often from imperfect data.

Estimateverb

To judge and form an opinion of the value of, from imperfect data.

Estimateverb

To judge and form an opinion of the value of, from imperfect data, - either the extrinsic (money), or intrinsic (moral), value; to fix the worth of roughly or in a general way; as, to estimate the value of goods or land; to estimate the worth or talents of a person.

Estimateverb

To from an opinion of, as to amount,, number, etc., from imperfect data, comparison, or experience; to make an estimate of; to calculate roughly; to rate; as, to estimate the cost of a trip, the number of feet in a piece of land.

Estimatenoun

A valuing or rating by the mind, without actually measuring, weighing, or the like; rough or approximate calculation; as, an estimate of the cost of a building, or of the quantity of water in a pond.

Estimatenoun

an approximate calculation of quantity or degree or worth;

Estimatenoun

a judgment of the qualities of something or somebody;

Estimatenoun

a document appraising the value of something (as for insurance or taxation)

Estimatenoun

a statement indicating the likely cost of some job;

Estimatenoun

the respect with which a person is held;

Estimateverb

judge tentatively or form an estimate of (quantities or time);

Estimateverb

judge to be probable