Point-Estimation+-+Concepts

Point Estimation (Concepts) (GWU EMSE-271)
Index | Topics (Logical Lectures) | Lectures | Problems | Readings | Nomenclature | Concepts

1. What is a Point Estimate? 2. What are suitable statistics? 3. What is the point estimator? 4. How are estimators chosen?

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5. See Homework 2, Problem 5 for a sample problem.

TIP: I remember that __Probability for Dummies__ points out that a often favorite test question is something like whether x or x squared is a better estimator. Wish I could find the page again. I think the answer is xsquare is because the variance is smaller. Would be nice to find that again.