English Wikipedia - The Free Encycl...
Download this dictionary
Point estimation
In
statistics
,
point estimation
involves the use of
sample
data
to calculate a single value (known as a
statistic
) which is to serve as a "best guess" or "best estimate" of an unknown (fixed or random) population
parameter
.
See more at Wikipedia.org...
© This article uses material from
Wikipedia
®
and is licensed under the
GNU Free Documentation License
and under the
Creative Commons Attribution-ShareAlike License