Estimation

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Abstract

This note contains material to be used to teach the basic concepts of point and interval estimation. Topics covered include the basic ideas of point estimation, unbiasedness and consistency. Also discussed are the method of moment estimators, ideas regarding standard error estimation and computation of confidence intervals. Methods to determine sample size to achieve a pre-specified degree of accuracy are also discussed. A number of examples are provided to illustrate the concepts.

Additional Information

Product Type Technical Note
Reference No. QM0262TEC
Title Estimation
Pages 17
Published on Dec 20, 2013
Authors Guha, Apratim;
Area Quantitative Methods (QM)
Keywords Point Estimation, Consistency, Standard Error, Confidence Interval, Margin of Error, Bias

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