Estimation theory

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Notion

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Science and technology

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What Wikipedia says

Estimation theory is a branch of statistics that deals with estimating the values of parameters based on measured empirical data that has a random component. The parameters describe an underlying physical setting in such a way that their value affects the distribution of the measured data.

Excerpt from the Wikipedia article “Estimation theory”, under the CC BY-SA 4.0 license. Read the article on Wikipedia