Estimation methods are also referred to as
A)prediction methods.
B)clustering methods.
C)association methods.
D)supervised methods.

Question

Quizplus · Accepted Answer

Estimation methods involve predicting or forecasting a value or outcome based on available data. Therefore, the best choice is A as it accurately describes the purpose of estimation methods. Clustering methods are used to group similar data points, association methods are used to identify relationships between variables, and supervised methods involve training algorithms with labeled data to predict outcomes for new data.

Estimation Methods Are Also Referred to as