Estimates, Forecasts, Projections
Herding Cats
NOVEMBER 27, 2016
There is the misuse of the terms of statistics and probability in many domains. Politics being one. The #Noestimates advocates are another of the most prolific abusers of these terms. Here are the mathematical definitions. not the Wikipedia definition, not the self-made definitions used to support their conjectures. Estimates. An Estimate is a value inferred for a population of values based on data collected from a sample of data from that population.
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