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point estimate

British  

noun

  1. 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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The sample standard deviation, s, is the point estimate for the population standard deviation, σ.

From Textbooks • Mar. 27, 2020

A point estimate for the true population proportion is .

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

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

From Textbooks • Nov. 29, 2017

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