Schätzern
Schätzern is the German plural term used in statistics for estimators. An estimator, materialized by a Schätzer, is a rule or function that produces a numerical estimate of an unknown population parameter from a sample of data. In German-language texts the plural form Schätzern appears in contexts such as “die Schätzern” in dative cases (e.g., den Schätzern).
Estimators translate observed data into a best-guess value for a population parameter, such as a mean, proportion,
Point estimators provide a single value, such as the sample mean as an estimator of the population
Estimators are often denoted with a hat, e.g., θ̂ for the estimator of a parameter θ. The term
See also: Estimator, Statistical inference, Unbiased estimator, Consistent estimator, Maximum likelihood estimator.