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Any nontrivial statistical procedure that assigns to an unknown quantity (parameter) a plausible value on the basis of appropriate and pertinent data collected in a proper random sample.
References in periodicals archive ?
I have also found that, on a subjective basis, stated equivalences for low-energy bulbs are overestimates.
Our research questions ask: How likely are consumers to overestimate their credit ratings?
REDUCED VISIBILITY Whenever visibility is poor (morning and evening, fog, snow, rain) you will tend to overestimate the distance.
Generally, though, some runners notice a tendency for the device to overestimate distance by up to 5%--in situations such as one lap on a 400-meter track, where at no time was there signal loss.
Sharpe ratios will substantially overestimate the true risk-return performance of portfolios containing hedge funds.
BMI may overestimate body fat, in athletes with a muscular build.
The dollar peggers also overestimate the risks from currency markets, and therefore the need for such insurance.
Among other things, he shows that advocates of rail projects routinely overestimate their popularity among commuters and underestimate their costs; that such projects "can cost 50 times as much to start as comparable bus transit"; that they typically make congestion worse instead of alleviating it for the auto haters, that result is intended); that "the average light-rail line consumes more energy per passenger mile" than cars do; and that "rails are more deadly than the alternatives in 15 out of 23 rail regions.
The intervention incorporates a social influence model and is based on the finding that college students, especially heavy drinking college students, overestimate the alcohol consumption of their peers.
According to the results of the ADA's latest nationwide public opinion survey, Americans tend to overestimate the recommended serving sizes for many foods.
However, implied futures yields appear to overestimate the fed funds rate when rates fall quickly and underestimate it when rates rise quickly In 2001, when the intended rate fell 475 bp, 3-month fed funds futures overestimated the effective rate by 68 bp on average.