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dbpedia:Estimation_theory

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Estimation theory is a branch of statistics that deals with estimating the values of parameters based on measured/empirical data that has a random component. The parameters describe an underlying physical setting in such a way that their value affects the distribution of the measured data. An estimator attempts to approximate the unknown parameters using the measurements.For example, it is desired to estimate the proportion of a population of voters who will vote for a particular candidate.

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dbpedia:Point_estimation dbpedia:Interval_estimation