Outrageously Funny Word Dictionary :: Reestimation

👉 In statistics, reestimation is a process used to estimate values that have been incorrectly estimated or have been replaced by new data. It involves using the same data to make predictions about the new data and then estimating the values of those new predictions. Reestimation can be used for both numerical and categorical data, such as weather forecasts or stock market prices. In the case of numerical data, reestimation involves estimating the value of a variable based on its historical trend. For example, if we

reestimation