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.
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
The sample mean, x¯ , is the point estimate of the unknown population mean, μ.
From Textbooks ● Mar. 27, 2020
What statistics provides us beyond a simple average, or point estimate, is an estimate to which we can attach a probability of accuracy, what we will call a confidence level.
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
The sample mean, –x , is the point estimate for the population mean, μ.
From Textbooks ● Nov. 29, 2017
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.
