A RV of a sample. The calculated numerical value of the estimator (after the samples are found) is called the estimate.
Intuition
| Parameter | Estimator | Estimate |
|---|---|---|
| Unknown constant | Random variable | Known constant |
A RV T(s) of a sample. The calculated numerical value of the estimator (after the samples are found) is called the estimate.
| Parameter (θ) | Estimator (T) | Estimate (t) |
|---|---|---|
| μ | X | x |
| σ | S | s |
| Unknown constant | Random variable | Known constant |