Method of Moments (statistics)

Method Of Moments (statistics)

In statistics, the method of moments is a method of estimation of population parameters such as mean, variance, median, etc. (which need not be moments), by equating sample moments with unobservable population moments and then solving those equations for the quantities to be estimated.

Read more about Method Of Moments (statistics):  Methodology, Example, Advantages and Disadvantages of This Method

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