Outrageously Funny Word Dictionary :: Maldistribution

👉 Maldistribution is a concept in econometrics and statistics that refers to the phenomenon where the distribution of an estimator's mean differs from its theoretical expectation. It occurs when the sample size or other parameters are underestimated, leading to inaccurate estimates of population parameters. The term "maldistribution" originates from the French word "maldistribution," which means "underestimation" in English. For example, if a statistical model is incorrectly assumed to be correct, and the data used for estimation does not

maldistribution

👉 maldistribution in mathematics refers to a process or procedure by which a group of individuals distribute resources, such as money, time, or materials, among themselves. This may be done in various ways, including sharing, pooling, and sharing resources without giving any credit or compensation to those who don't receive it. For example, if a group of friends are planning an outing and decide to split the cost evenly, they can maldistribute the expenses by splitting them into equal shares among each other.

maldistribute