Webster's Online Dictionary
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Specialty Expressions: BEST ESTIMATOR

ExpressionsDomainDefinition
Best estimatorStatisticsThe estimation of population parameters from information provided by the sample raises the question whether there is a "best" estimator. The answer depends mainly on the criteria which are laid down as to the "goodness" of an estimator. If there is a criterion which distinguishes one of two estimators as better than the other and if there exists an estimator which is better than any other, it is said to be the best. Source: European Union. (references)

Source: compiled by the editor from various references; see credits.

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