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

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point estimate

Again, as the sample size increases, the point estimate for either µ or p is found to come from a distribution with a narrower and narrower distribution.

From Textbooks ● Nov. 29, 2017

It is also important to note that the intervals around a point estimate are highly dependent upon the range of data used to estimate the equation regardless of which approach is being used for prediction.

From Textbooks ● Nov. 29, 2017

We can invoke this to substitute the point estimate for the standard deviation if the sample size is large "enough".

From Textbooks ● Nov. 29, 2017

The sample mean, –x , is the point estimate for the population mean, μ.

From Textbooks ● Nov. 29, 2017

You would have obtained a point estimate of the true mean.

From Textbooks ● Sep. 19, 2013

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