/ Dictionary / Index P point estimation: Meaning and Definition of Find definitions for: point' estima"tion Pronunciation: [key] — Statistics. Statistics. the process of determining a single estimated valueof a parameter of a given population. Cf. Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease. pointer point group Related Content Daily Word Quiz: longevity Analogy of the Day: Today’s Analogy Spelling Bee: Today’s Spelling Bee Frequently Misspelled Words Frequently Mispronounced Words Easily Confused Words Writing & Language