What statistical concept did Fisher develop regarding estimators?
Fiducial inference
Null hypothesis significance testing
Bootstrapping
Time-series analysis
Answer
Fiducial inference, devised by Fisher, offers an approach to statistical estimation that deviates from the conventional frequentist and Bayesian paradigms. It interprets point estimates as precise values within a range, rather than as approximations of unknown true values. Fisher's concept revolutionized statistical thinking and laid the foundation for modern inferential methods.
The Fisher Phenomenon: An Engaging Quiz on the Life and Contributions of Ronald Fisher
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