Point Estimation - Point Estimators

Point Estimators

  • minimum-variance mean-unbiased estimator (MVUE), minimizes the risk (expected loss) of the squared-error loss-function.
    • best linear unbiased estimator (BLUE)
  • minimum mean squared error (MMSE)
  • median-unbiased estimator, minimizes the risk of the absolute-error loss function
  • maximum likelihood (ML)
  • method of moments, generalized method of moments

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