point estimate

noun

1. statistics a specific value assigned to a parameter of a population on the basis of sampling statistics Compare interval estimate

Example Sentences

O’Connor said he initially thought the initial 73% point estimate “seemed high.”

From Seattle Times

“The results that we now describe against the variant, the point estimate is 10%. Clearly, that is far off the 60% mark and, even if you had a larger study you are unlikely to get to a vaccine efficacy readout of even 40 or 50%,” he told BBC Radio 4’s Today programme.

From The Guardian

"This first interim analysis was based on 95 cases, of which 90 cases of COVID-19 were observed in the placebo group versus 5 cases observed in the mRNA-1273 group, resulting in a point estimate of vaccine efficacy of 94.5%."

From Salon

Interpreting the point estimate, while acknowledging its uncertainty, will keep you from making false declarations of ‘no difference’, and from making overconfident claims.

From Nature

The point estimate is the most compatible, and values near it are more compatible than those near the limits.

From Nature