July 2012
Intermediate to advanced
352 pages
9h 30m
English
Chapter 5
Estimation
Can a man drown while crossing a stream with an average depth of six inches?
—W.I.E. Gates
ACCURATE, RELIABLE ESTIMATES ARE ESSENTIAL TO EFFECTIVE DECISION making. In this chapter, we review preventive measures and list the properties to look for in an estimation method. Several robust semiparametric estimators are considered along with one method of interval estimation, the bootstrap.
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