interval estimate

(redirected from interval estimates)
Also found in: Dictionary.

interval estimate

[′in·tər·vəl ‚es·tə·mət]
(statistics)
An estimate which specifies a range of values for a population parameter.
Mentioned in ?
References in periodicals archive ?
Based on these data, the interval estimate is from 147 to 153 thousand returns.
Induced percentile left censoring slightly reduced the length of the confidence interval estimates for Mill B (0.
The tests of our explicit estimation procedure indicate that the interval estimates cover the actual values of reproduction numbers and the reduced reproduction numbers after the implementation of hygiene measures.
The most common interval estimate of the binomial parameter, found in most textbooks, is computed by inverting the Wald statistic given by
Note that the Wald interval is only valid when p [member of] (0,1), as the interval estimate is reduced to either of the singular values {0,1} on the endpoints.
Because they have been estimated, their standard errors can be used to derive interval estimates for the welfare results.
Table 6 reports the 95% interval estimates for overall welfare changes.
Furthermore, the 95% confidence interval, which also reveals additional interesting information, was also included on the output and it also provided another means to demonstrate how interval estimates can be used with real data: We can be 95% confident that a player's average points per game will increase on average somewhere between 1.
For example, Alpert and Raiffa (1982) found that when respondents tried to provide interval estimates with a 50% probability of including the true value, only about 33% of the intervals produced actually did include it; for 98% target intervals, actual coverage was only 57%.
Although calibration questions can be raised for all sorts of probabilistic forecasts of events, the questions most relevant to statistical practice concern interval estimates.
These interval estimates recognize that in creating risk maps using expert opinion, the opinions may themselves be very uncertain.
First we provide interval estimates of the choke price of cigarettes by state.