The statistical tools in this unit help us estimate individual data points needed in our engineering analysis from other data available to us. The point estimate is typically another parameter value, such as a population mean, or process proportion. As engineers, we sometimes need to apply this kind of thinking to larger-scaled functional engineering. We might need an estimate of the risk level of a process design, which isn't itself a statistical parameter. We might use statistical techniques to point estimate several parameters that feed into that discussion, but the final leap from those parameters might be more logic than statistics. We use our statistical intuition to make that logical decision as engineers. The decision isn't a statistical point estimate, rather, it is an engineering point judgement.

Discuss some ways in which you expect to be able to make an engineering judgement by applying things you've learned in this class to situations that aren't actually or technically statistical in nature. How will you use these statistical concepts in your general engineering work?