Comment on The German Tank ProblemComments−squeakynick7yIt depends on how you intend to 'score' the estimate.Are you looking for the answer that is the 'most likely', or one that has the 'lowest least squared error', or maybe one that is 'unbiased' (mean error)?http://datagenetics.com/blog/march22014/index.html
Comments
It depends on how you intend to 'score' the estimate.
Are you looking for the answer that is the 'most likely', or one that has the 'lowest least squared error', or maybe one that is 'unbiased' (mean error)?
http://datagenetics.com/blog/march22014/index.html