Estimand vs. Estimate: What's the Difference?
Estimand and Estimate Definitions
Estimand
(statistics) that which is being estimated.
Estimate
To calculate approximately (the amount, extent, magnitude, position, or value of something).
Estimate
To form an opinion about; evaluate
"While an author is yet living we estimate his powers by his worst performance" (Samuel Johnson).
Estimate
A tentative evaluation or rough calculation, as of worth, quantity, or size
An estimate of the damage caused by the storm.
Estimate
A statement of the approximate cost of work to be done, such as a building project or car repairs.
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Estimate
A judgment based on one's impressions; an opinion
I have a high estimate of his character.
Estimate
A rough calculation or assessment of the value, size, or cost of something.
Estimate
(construction and business) A document (or verbal notification) specifying how much a job is likely to cost.
Estimate
An upper limitation on some positive quantity.
Estimate
To calculate roughly, often from imperfect data.
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Estimate
To judge and form an opinion of the value of, from imperfect data.
Estimate
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.
It is by the weight of silver, and not the name of the piece, that men estimate commodities and exchange them.
It is always very difficult to estimate the age in which you are living.
Estimate
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.
Estimate
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.
Weigh success in a moral balance, and our whole estimate is changed.
No; dear as freedom is, and in my heart'sJust estimation prized above all price.
Estimate
An approximate calculation of quantity or degree or worth;
An estimate of what it would cost
A rough idea how long it would take
Estimate
A judgment of the qualities of something or somebody;
Many factors are involved in any estimate of human life
In my estimation the boy is innocent
Estimate
A document appraising the value of something (as for insurance or taxation)
Estimate
A statement indicating the likely cost of some job;
He got an estimate from the car repair shop
Estimate
The respect with which a person is held;
They had a high estimation of his ability
Estimate
Judge tentatively or form an estimate of (quantities or time);
I estimate this chicken to weigh three pounds
Estimate
Judge to be probable
