absoluter Schätzwert
absolute esteem
The term 'absoluter Schätzwert' is used in German to describe an absolute estimate. This is a numerical value that is derived from a statistical analysis or calculation, and it represents the best estimate of a population parameter. In other words, it is the single value that is most likely to be the true value of the parameter being estimated. The term 'absoluter' means 'absolute' or 'definite', while 'Schätzwert' is a compound word made up of 'Schätzen' (to estimate) and 'Wert' (value).
Example sentences using: absoluter Schätzwert
Der absoluter Schätzwert wird in dieser Gleichung benötigt.
The absolute estimated value is needed in this equation.
This sentence describes a situation where someone may be solving a math problem or an equation, and they need the 'absolute estimated value' to continue.
Ihr absoluter Schätzwert liegt weit von der echten Zahl ab.
Your absolute estimated value is far from the real number.
The speaker is telling someone that their guess or estimate is very different from the actual, real value. This is likely to mean that their estimate is wrong or inaccurate.
Ein absoluter Schätzwert ist bereits ein guter Start.
An absolute estimated value is already a good start.
In this example, the absolute estimated value, although it is just a rough estimate, is considered valuable or helpful in either starting a process or solving a problem.