In statistics, point estimation involves the use of sampledata 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!
... the population is spread out with 30.3% under the age of 18, 8.1% from 18 to 24, 29.9% from 25 to 44, 23.8% from 45 to 64, and 7.9% who are 65 years of age or older. Th ...