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Math Help - Point Estimate

  1. #1
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    Point Estimate

    What is a point estimate?

    Is that just a quick probability?
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  2. #2
    Grand Panjandrum
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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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