An example of an estimate estimator is the sample mean.
This estimator is used to estimate the population mean based on the average value of a sample taken from that population.
For instance, if you want to estimate the average height of all students in a university, you can take a sample of 100 students, measure their heights, and calculate the average height of the sample. This sample mean will be an estimate of the population mean height.
Here are some other examples of estimate estimators:
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Sample variance: This estimator estimates the population variance.
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Sample proportion: This estimator estimates the population proportion.
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Maximum likelihood estimator (MLE): This estimator is widely used in statistical modeling and is based on finding the parameter values that maximize the likelihood of observing the given data.
Estimate estimators are used in various fields like data analysis, machine learning, and statistical inference to make informed decisions based on limited data.
