Point estimate

From Glossary for Health Technology Lifecycle by EuroScan
Revision as of 11:28, 17 November 2023 by Editor iHTS (talk | contribs) (Created page with "A numerical value obtained in a sample and considered the best estimate of the population from which the sample is taken. '''Note:''' For example, x and s are point estimates of µ and σ, which represent the mean and the standard deviation. A confidence interval is typically constructed around the point estimate. (Related concept: confidence interval) == Reference == http://htaglossary.net/point-estimate")

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A numerical value obtained in a sample and considered the best estimate of the population from which the sample is taken.

Note: For example, x and s are point estimates of µ and σ, which represent the mean and the standard deviation. A confidence interval is typically constructed around the point estimate.

(Related concept: confidence interval)

Reference

http://htaglossary.net/point-estimate

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