point estimate
Britishnoun
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The sample mean, x¯ , is the point estimate of the unknown population mean, μ.
From Textbooks • Mar. 27, 2020
We concluded that with a given level of probability, the range from which the point estimate comes is smaller as the sample size, n, increases.
From Textbooks • Nov. 29, 2017
If the sample size were larger than 30, we could simply substitute the point estimate for σ, the sample standard deviation, s, and use the student's t distribution to correct for this lack of information.
From Textbooks • Nov. 29, 2017
In this case, you would have obtained a point estimate for the true proportion the parameter p in the binomial probability density function.
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
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