Encyclopedia > Point estimation

  Article Content

Point estimation

In statistics, point estimation involves the use of sample data to calculate a single value which is to serve as a "best guess" for an unknown (fixed or random) population parameter.

More formally, it is the application of a point estimator to the data.

approaches, methods...

All Wikipedia text is available under the terms of the GNU Free Documentation License

  Search Encyclopedia

Search over one million articles, find something about almost anything!
  Featured Article
World war 2

... Europe as a "buffer zone" to protect Russia from another invasion from the West. Russia had been invaded three times in the 150 years before the Cold War: during the ...