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Estimation of parameters.

M. Kapš, W. R. Lamberson

Abstract

Inferences can be made about a population either by parameter estimation or by hypothesis testing. Parameter estimation includes point estimation and interval estimation. A rule or a formula that describes how to calculate a single estimate using observations from a sample is called a point estimator. The number calculated by that rule is called a point estimate. Interval estimation is a procedure that is used to calculate an interval that estimates a population parameter.

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Available abstract

Key concepts: Interval estimation, Point estimation, Estimator, Estimation, Statistics, Interval (graph theory), Mathematics, Estimation theory