point estimate

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point estimate

n
(Statistics) statistics a specific value assigned to a parameter of a population on the basis of sampling statistics. Compare interval estimate
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For the present cost function, for X = 6,000 deliveries, the point estimate for monthly vehicle expense ([?
Then, the user has the option of seeing how this spending compares to the traditional point estimate forecast, where the risk posed by volatility is not taken into account.
If we had looked at cholesterol concentrations, our point estimate would have the unit of mg/dL and so would the CI.
A point estimate is interesting, but the value range provides more valuable decision-making information.
Model Wyoming BC BC-2 Minnesota Point Estimate 2,488 1,323 1,866 558 Lower 95% 985 574 746 353 Upper 95% 9,479 4,597 7,283 1,049 Sampling variance 0.
There was no significant difference between the point estimates for angling pressure in all survey scenarios (full, one-half, one-third) compared to the actual census values in both lakes, with the exception of the full survey in Mirror Lake #1.
In columns (5) and (6) of Table 4, we see that the average number of forward citations to patents is positively related to research spending in the levels specifications, though the point estimate is very small and not statistically significant.
The range of excess deaths was estimated to be approximately 40,30048,800 when the researchers used the best available point estimate values with year-by-year adjustment and adjustment for differential rates of estrogen use with and without retaining ovaries at hysterectomy.
0018) (a) The top half of the table includes only those who reported a point estimate for subjective risks whereas the bottom half includes (he group who reported a range rather than point estimate, The mean risk for this second group is calculated using the average of the individual's high and low estimate.
The point estimate for Sanders County of native residents is 36 percent compared to 54 percent for Montana as a whole.

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