Definition : An estimator is called minimax with respect to a risk function if it achieves the smallest maximum risk among all estimators, meaning it satisfies
Read more about this topic: Minimax Estimator
Famous quotes containing the word definition:
“The very definition of the real becomes: that of which it is possible to give an equivalent reproduction.... The real is not only what can be reproduced, but that which is always already reproduced. The hyperreal.”
—Jean Baudrillard (b. 1929)
“It’s a rare parent who can see his or her child clearly and objectively. At a school board meeting I attended . . . the only definition of a gifted child on which everyone in the audience could agree was “mine.””
—Jane Adams (20th century)
“One definition of man is “an intelligence served by organs.””
—Ralph Waldo Emerson (1803–1882)