Point Estimate

Definition(s)

The most likely value for a Population characteristic. When combined with a Margin of Error (or Confidence Interval) and a Confidence Level, it reflects a Statistical Estimate. 1

Notes

  1. Maura R. Grossman and Gordon V. Cormack, EDRM page & The Grossman-Cormack Glossary of Technology-Assisted Review, with Foreword by John M. Facciola, U.S. Magistrate Judge2013 Fed. Cts. L. Rev. 7 (January 2013).