estimation procedure


estimation procedure
A procedure requiring HMRC approval, which allows for the estimation of the VAT due for an accounting period. HM Customs & Revenue Glossary

Financial and business terms. 2012.

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  • estimation — Any nontrivial statistical procedure that assigns to an unknown quantity (parameter) a plausible value on the basis of appropriate and pertinent data collected in a proper random sample …   Medical dictionary

  • Trend estimation — is a statistical technique to aid interpretation of data. When a series of measurements of a process are treated as a time series, trend estimation can be used to make and justify statements about tendencies in the data. By using trend estimation …   Wikipedia

  • Maximum spacing estimation — The maximum spacing method tries to find a distribution function such that the spacings, D(i), are all approximately of the same length. This is done by maximizing their geometric mean. In statistics, maximum spacing estimation (MSE or MSP), or… …   Wikipedia

  • Cochrane–Orcutt estimation — is a procedure in econometrics, which adjusts a linear model for serial correlation in the error term. It is named after statisticians D. Cochrane and G. H. Orcutt, who worked in the Department of Applied Economics, Cambridge (U.K.). Contents 1… …   Wikipedia

  • Interval estimation — In statistics, interval estimation is the use of sample data to calculate an interval of possible (or probable) values of an unknown population parameter. The most prevalent forms of interval estimation are: * confidence intervals (a frequentist… …   Wikipedia

  • Cochrane-Orcutt estimation — is a procedure in econometrics, which adjusts a linear model for serial correlation in the error term. It is named after statisticians D. Cochrane and G. H. Orcutt, who worked in the Department of Applied Economics, Cambridge.TheoryConsider the… …   Wikipedia

  • Good–Turing frequency estimation — is a statistical technique for predicting the probability of occurrence of objects belonging to an unknown number of species, given past observations of such objects and their species. (In drawing balls from an urn, the objects would be balls and …   Wikipedia

  • sequential estimation — ▪ statistics       in statistics, a method of estimating a parameter by analyzing a sample (sampling) just large enough to ensure a previously chosen degree of precision. The fundamental technique is to take a sequence of samples, the outcome of… …   Universalium

  • cost estimation — The procedure that uses estimated unit costs for both direct costs and overheads in order to build up the estimated costs of products, services, and processes for the purposes of planning, control, and pricing …   Accounting dictionary

  • Confidence interval — This article is about the confidence interval. For Confidence distribution, see Confidence Distribution. In statistics, a confidence interval (CI) is a particular kind of interval estimate of a population parameter and is used to indicate the… …   Wikipedia