point estimate

noun

: the single value assigned to a parameter in point estimation

Example Sentences

Recent Examples on the Web

For 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

Word History

First Known Use

1966, in the meaning defined above