👉 PSSIMOSTRICAL refers to a statistical technique used in econometrics and statistics, which is designed to estimate the parameters of a statistical model with limited data. The PSSIMOSTRICAL approach involves using a random sampling method to collect data from a population, then applying statistical methods such as maximum likelihood estimation or quasi-maximum likelihood estimation to estimate the parameters of the statistical model. The term "pssimistical" is often used in the context of econometrics and statistics, but