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Thread: Point Estimate

  1. November 21st 2006, 07:09 AM #1
    GoneFishing
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    Point Estimate

    What is a point estimate?

    Is that just a quick probability?
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  2. November 21st 2006, 11:02 AM #2
    CaptainBlack
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    Quote Originally Posted by GoneFishing View Post
    What is a point estimate?

    Is that just a quick probability?
    No its a single value rather than an interval or a distribution.

    RonL
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