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How to become a Cost Estimator. A cost estimator usually needs a bachelor’s degree in accounting and/or similar field to be considered for a position. Experience in mathematics history, on-the-job training, and/or vocational school would aid you to securing a position.What are the different estimator jobs?
Some of the most common estimator jobs include a cost estimator, construction estimator, and a project estimator. Basically, all of these types of estimator jobs involve assessing and estimating various aspects within a company.What is sufficient estimator?
Sufficient estimators are often used to develop the estimator that have minimum variance among all unbiased estimators (MVUE). If sufficient estimator exists, no other estimator from the sample can provide additional information about the population being estimated.