Parameter Estimation

Parameter estimation is the process of using data to estimate the parameters of a statistical model describing the relationship between variables. In data science and artificial intelligence, parameter estimation is a crucial step in building and training models. It involves finding the best values for the parameters of a model that minimize the difference between the predicted values and the actual values of the target variable. This is typically done using optimization algorithms such as gradient descent. The accuracy of the parameter estimates can have a significant impact on the performance of the model, and therefore, it is important to choose appropriate estimation methods and evaluate the quality of the estimates. In machine learning, parameter estimation is often performed using techniques such as maximum likelihood estimation, Bayesian inference, and regularization.
Your Previous Searches
Random Picks
  • Keyword Density: Keyword density is a metric used in search engine optimization (SEO) to determine the frequency of a keyword or phrase used in a web page in relation to the total number of words on the page. It is calculated by dividing the number of times ... Read More >>
  • Themes: In Data Science, themes refer to the underlying patterns or topics that emerge from the analysis of a dataset. These themes can be identified through various techniques such as clustering, topic modeling, and sentiment analysis. Themes can ... Read More >>
  • Social Engineering: Social Engineering is the art of manipulating people to divulge confidential information or perform actions that may not be in their best interest. In the context of Data Science and Artificial Intelligence, social engineering can be used t ... Read More >>
Top News

Employees were already freaked out about AI — Amazon just proved them right...

Amazon CEO Andy Jassy acknowledged in a Tuesday statement what many workers have been scared of: Artificial intelligence will soon mean job cuts....

News Source: Business Insider on 2025-06-18

Trump’s purges come for the U.S.’ nuclear safety board...

Donald Trump’s efforts to strip federal agencies and commissions of their independence took an alarming step Monday, when the president fired one of the five commissioners who sit on the Nuclear Reg...

News Source: MSNBC on 2025-06-17

Amazon says it will reduce its workforce as AI replaces human employees | CNN Bu...

Amazon says it will reduce its workforce as AI replaces human employees | CNN Businesscnn.com...

News Source: CNN on 2025-06-17

Amazon’s Jassy says AI will reduce company’s corporate ranks...

Andy Jassy expects the company’s workforce to decline in the next few years....

News Source: Fortune on 2025-06-17

Bank of America is bullish on these 4 under-the-radar AI stocks...

Investors interested in the AI trade beyond the Magnificent Seven should look into these four stocks with breakout growth potential....

News Source: Business Insider on 2025-06-17