interval estimation: Meaning and Definition of

in'terval estima"tion

Pronunciation: [key]
— Statistics. Statistics.
  1. the process of estimating a parameter of a given population by specifying an interval of values and the probability that the true value of the parameter falls within this interval. Cf. point estimation.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.