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point estimation

noun, Statistics.
the process of determining a single estimated value (point estimate) of a parameter of a given population.
Origin of point estimation
First recorded in 1960-65 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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British Dictionary definitions for point estimate

point estimate

(statistics) a specific value assigned to a parameter of a population on the basis of sampling statistics Compare interval estimate
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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