h3 class="unnumbered anchored" data-anchor-id="parameter-estimates">Parameter estimates</h3>
<p>Estimation is usually considered for unknown parameters. If the data from which the parameters were estimated came from simulated data, the true value of the parameters may be known. If <span class="math inline">\(\theta\)</span> is the true value and <span class="math inline">\(\hat{\theta}\)</span> the estimate, then error is just the difference between the prediction and the true value, <span class="math displ