👉 Overpick is a technique used in statistical inference to estimate the parameters of a distribution when they are not known. It involves selecting samples from the population and then estimating the parameters of the distribution that would have been obtained had these samples been drawn directly from the population. The method of overpick was introduced by James Hacking in 1940, who used it to estimate the mean value of a normal distribution when only known values were available. However, overpick is not an exact method and
