: the single value assigned to a parameter in point estimation
Example Sentences
Recent Examples on the WebFor this case, the model’s point estimate of eventual cumulative U.S. deaths from Covid-19 was close to 1.1 million. Hersh Shefrin, Forbes, 24 May 2021 The uncertainty around a point estimate can be small or large.New York Times, 3 Mar. 2021 One vaccine may have a higher point estimate than another, but their confidence intervals may overlap.New York Times, 3 Mar. 2021 This is because simply selecting a few point estimates and plugging them into the Drake Equation misrepresents the state of our knowledge. Liv Boeree, Vox, 3 July 2018 Moreover, at that point estimates were only down slightly from the start of the quarter, showing far less erosion than typically occurs. Justin Lahart, WSJ, 3 Oct. 2017