What do a.m. and p.m. stand for?

point estimation

noun, Statistics.
the process of determining a single estimated value (point estimate) of a parameter of a given population.
Origin of point estimation
1960-65 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for point estimation
  • For all stocks, reference point estimation is now compatible with stock monitoring methods.
  • If a single figure is calculated for each unknown parameter, the process is called point estimation.

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