Machine learning/Statistics Fundamentals
Point estimation is the process of calculating a statistic from a sample dataset.
- A point estimator is any function for a sample.
- Therefore, any statistic is a point estimator
Methods of finding point estimations
- Method of Moments
- Maximum Likelihood Estimators
- Bayes Estimators
- Maximum a posteriori estimator
Bayes Estimators
editUsing the Bayesian rule Where is the sample dataset.