Pisteestimoinnissa
Pisteestimoinnissa, a Finnish term, translates to "point estimation" in English and refers to a single value used to estimate an unknown population parameter. This single value is derived from sample data and serves as the best guess for the true population value. Common examples of point estimators include the sample mean ($\bar{x}$) as an estimate for the population mean ($\mu$), and the sample proportion ($\hat{p}$) as an estimate for the population proportion ($p$).
The goal of point estimation is to find a statistic that is a good estimator of the