estimation statistics

Estimation statistics is a data analysis framework that uses a combination of effect sizes, confidence intervals, precision planning and meta-analysis to plan experiments, analyze data and interpret results. It is distinct from null hypothesis significance testing (NHST), which is considered to be less informative. Estimation statistics, or simply estimation, is also known as the new statistics, a distinction introduced in the fields of psychology, medical research, life sciences and a wide range of other experimental sciences where NHST still remains prevalent, despite estimation statistics having been recommended as preferable for several decades.

Estimation is the process of finding a usable approximation of a result.