Abstract
As previously indicated the major problems of inference are estimation, testing, and interval estimation.
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Of these estimation is the easiest to understand and in certain respects the most important.
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Intuitively, a point estimate is simply a guess as to the value of a parameter of interest.
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Along with this guess it is customary to provide some measure of reliability.
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© 2014 Springer International Publishing Switzerland
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Rohde, C.A. (2014). Estimation. In: Introductory Statistical Inference with the Likelihood Function. Springer, Cham. https://doi.org/10.1007/978-3-319-10461-4_3
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DOI: https://doi.org/10.1007/978-3-319-10461-4_3
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