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Meaning of "point estimate" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF POINT ESTIMATE

point estimate play
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GRAMMATICAL CATEGORY OF POINT ESTIMATE

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Point estimate is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES POINT ESTIMATE MEAN IN ENGLISH?

Point estimation

In statistics, point estimation involves the use of sample data to calculate a single value which is to serve as a "best guess" or "best estimate" of an unknown population parameter. More formally, it is the application of a point estimator to the data. In general, point estimation should be contrasted with interval estimation: such interval estimates are typically either confidence intervals in the case of frequentist inference, or credible intervals in the case of Bayesian inference.

WORDS THAT BEGIN LIKE POINT ESTIMATE

point after
Point Calimere
point d´appui
Point de Galle
point defect
point duty
point group
point guard
point lace
point man
point of honour
point of inflection
point of no return
point of order
point of reference
point of sale
point of view
point off
point out
point source

WORDS THAT END LIKE POINT ESTIMATE

animate
approximate
climate
continental climate
cost estimate
decimate
estimate
exanimate
guesstimate
illegitimate
inanimate
intimate
legitimate
mate
overestimate
penultimate
primate
proximate
reanimate
ultimate
underestimate

Synonyms and antonyms of point estimate in the English dictionary of synonyms

SYNONYMS

Translation of «point estimate» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF POINT ESTIMATE

Find out the translation of point estimate to 25 languages with our English multilingual translator.
The translations of point estimate from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «point estimate» in English.

Translator English - Chinese

点估计
1,325 millions of speakers

Translator English - Spanish

estimación puntual
570 millions of speakers

English

point estimate
510 millions of speakers

Translator English - Hindi

बिंदु अनुमान
380 millions of speakers
ar

Translator English - Arabic

تقدير نقطة
280 millions of speakers

Translator English - Russian

точечная оценка
278 millions of speakers

Translator English - Portuguese

estimativa pontual
270 millions of speakers

Translator English - Bengali

পয়েন্ট অনুমান
260 millions of speakers

Translator English - French

estimation ponctuelle
220 millions of speakers

Translator English - Malay

Anggaran mata
190 millions of speakers

Translator English - German

Punktschätzung
180 millions of speakers

Translator English - Japanese

推定値
130 millions of speakers

Translator English - Korean

점 추정
85 millions of speakers

Translator English - Javanese

Titik ngira
85 millions of speakers
vi

Translator English - Vietnamese

ước lượng điểm
80 millions of speakers

Translator English - Tamil

புள்ளி மதிப்பீடு
75 millions of speakers

Translator English - Marathi

बिंदू अंदाज
75 millions of speakers

Translator English - Turkish

Nokta tahmini
70 millions of speakers

Translator English - Italian

stima puntuale
65 millions of speakers

Translator English - Polish

punkt szacunek
50 millions of speakers

Translator English - Ukrainian

точкова оцінка
40 millions of speakers

Translator English - Romanian

punct de estimare
30 millions of speakers
el

Translator English - Greek

σημειακή εκτίμηση
15 millions of speakers
af

Translator English - Afrikaans

punt skatting
14 millions of speakers
sv

Translator English - Swedish

punktskattning
10 millions of speakers
no

Translator English - Norwegian

punktestimat
5 millions of speakers

Trends of use of point estimate

TRENDS

TENDENCIES OF USE OF THE TERM «POINT ESTIMATE»

The term «point estimate» is regularly used and occupies the 78.809 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
63
/100
The map shown above gives the frequency of use of the term «point estimate» in the different countries.
Principal search tendencies and common uses of point estimate
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «point estimate».

FREQUENCY OF USE OF THE TERM «POINT ESTIMATE» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «point estimate» during the past 500 years. Its implementation is based on analysing how often the term «point estimate» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about point estimate

EXAMPLES

10 ENGLISH BOOKS RELATING TO «POINT ESTIMATE»

Discover the use of point estimate in the following bibliographical selection. Books relating to point estimate and brief extracts from same to provide context of its use in English literature.
1
Introduction to Statistics and Data Analysis
Compute a point estimate of s, the population standard deviation of main stem diameter. What statistic did you use to obtain your estimate? b. Making no assumptions about the shape of the population distribution of diameters, give a point ...
Roxy Peck, Chris Olsen, Jay Devore, 2011
2
Applied Business Statistics: Methods and Excel-Based ...
10.2 Point Estimation A point estimate is the value of a single sample statistic, which is used to represent the true, but unknown value of a population parameter . Thus, the value of a single sample mean, x, is used as an unbiased point estimate ...
Trevor Wegner, 2010
3
Introductory Statistics
To begin - an estimate of an unknown population parameter falls into one of two types: i) it may be a point estimate, or ii) it may be an interval estimate. A point estimate is a single number (or value), calculated from available sample data, that ...
J. Gosling, 1995
4
Statistics: The Conceptual Approach
The simplest is a point estimate. In the example, the result of 10 tickets is a point estimate. If a sample survey finds that 58% of the respondents are in favor of raising taxes on gasoline, the percentage can be used as a point estimate of the  ...
Gudmund R. Iversen, Mary Gergen, Mary M. Gergen, 1997
5
Data Analysis and Decision Making
The sampling distribution of any point estimate is the distribution of the point estimates from all possible samples (of a given sample size) from the population. A confidence interval is an interval around the point estimate, calculated from the  ...
S. Albright, Wayne Winston, Christopher Zappe, 2010
6
Statistical Analysis of Geological Data
There are two disadvantages to a point estimate. The first is that a point estimate is almost sure to be wrong. Of the 9 samples of size 2 drawn from the population 2. 4, 6 (table 3.9), only three give the population mean of 4, even though the ...
George S. Koch, Richard F. Link, 2002
7
Probability and Statistics for Engineering and the Sciences
Calculate and interpret a point estimate of the population standard deviation s. Which estimator did you use? [Hint: .] gxi2 5 1860.94 d. Calculate a point estimate of the proportion of all such beams whose flexural strength exceeds 10MPa.
Jay Devore, 2011
8
Business Statistics: Contemporary Decision Making
These point estimates are subject to change if another sample is taken. It is probably unethical to state as a conclusion that a point estimate is the population parameter without some sort of disclaimer or explanation about what a point estimate ...
Ken Black, 2009
9
Essentials of Epidemiology in Public Health
When a confidence interval is high on the relative risk scale, it means that the point estimate (the measure of association) is large. When the confidence interval is low on the relative risk scale, it indicates that the point estimate is small.
Ann Aschengrau, George R. Seage, 2003
10
Introductory Statistics
Definition Point Estimate The value of a sample statistic that is used to estimate a population parameter i called a point estimate. Thus, the value computed for the sample mean, x, from a sample is a point estimate of thi corresponding ...
Prem S. Mann, 2010

10 NEWS ITEMS WHICH INCLUDE THE TERM «POINT ESTIMATE»

Find out what the national and international press are talking about and how the term point estimate is used in the context of the following news items.
1
I'm Telling You Again: Buy A.O. Smith After Earnings (AOS)
Sure, the stock surged up 5% today, but an EPS range of $3.04-$3.09 represents a near 10% increase from the original mid-point estimate. «Seeking Alpha, Jul 15»
2
The Role of Fear of Pain in Headache
Pain severity and disability were strongly associated (r = 0.61, P < .001), and FOP partially mediated this association (indirect effect point estimate = 0.38; 95% ... «Medscape, Jul 15»
3
BARC India lays down rules of ratings usage for broadcasters
Samples produce estimates of population parameters that lie within a range or 'interval'. The midpoint of the range is used as the point estimate ... «Indiantelevision.com, Jul 15»
4
Existing Home Sales Will Continue To Surge In July; Pricing Moves …
The sharp increase was in line with Auction.com's June nowcast point estimate of 5.55 million (revised downward from 5.57 million) – a ... «NEWS.GNOM.ES, Jul 15»
5
Southeast's early pink salmon returns good but not great
... the department had forecast a strong harvest of somewhere between 37 and 79 million humpback salmon, with a point estimate of 58 million. «KFSK, Jul 15»
6
The 2015 Texas Senate, from left to right
... along with the 95 percent credible interval (CI) for this point estimate. If two senators' CIs overlap, their positions on the ideological spectrum ... «TribTalk, Jul 15»
7
The 2015 Texas House, from left to right
... referred to below as the Lib-Con Score, along with the 95 percent credible interval (CI) for this point estimate. If two legislators' CIs overlap, ... «TribTalk, Jul 15»
8
Targeted Recombinant Progeny: a design for ultra-high resolution …
The confidence interval (QTL) flanking the point estimate of QTN-location is proportional to the number of individuals in the mapping population ... «BMC Blogs Network, Jul 15»
9
The Best Conferences in College Basketball Since 2002
... because they also include a measure of uncertainty, which provides a more realistic estimate of team strength than a simple point estimate. «The Daily Gopher, Jun 15»
10
Selection Bias in the Social Cost of Carbon
First, we have to realize that in the SCC literature, studies do not necessarily just produce a “point estimate,” but often they will provide a range ... «Canada Free Press, Jun 15»

REFERENCE
« EDUCALINGO. Point estimate [online]. Available <https://educalingo.com/en/dic-en/point-estimate>. May 2024 ».
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