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.
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
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
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
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