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point estimate

British

noun

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

Example Sentences

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Find the point estimate for mean U.S. household income and the error bound for mean U.S. household income.

From Textbooks • Mar. 27, 2020

Here the point estimate of the population standard deviation, s has been substituted for the population standard deviation, σ, and tν,α has been substituted for Zα.

From Textbooks • Nov. 29, 2017

This is a point estimate for the population standard deviation and can be substituted into the formula for confidence intervals for a mean under certain circumstances.

From Textbooks • Nov. 29, 2017

As the value of x chosen to estimate the associated value of y is further from the point of means the width of the estimated interval around the point estimate increases.

From Textbooks • Nov. 29, 2017

Find the point estimate for the population mean.

From Textbooks • Sep. 19, 2013

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023