We present a general method for calculating the bias and variance of e
stimators for w(theta) based on galaxy-galaxy (DD), random-random (RR)
, and galaxy-random (DR) pair counts and describe a procedure for quic
kly estimating these quantities given an arbitrary two-point correlati
on function and sampling geometry. These results, based conditionally
upon the number counts, are accurate for both high and low number coun
ts. We show explicit analytical results for the variances in the estim
ators DD/RR, DD/DR, which turn out to be considerably larger than the
common wisdom Poisson estimate and report a small bias in DD/DR in add
ition to that due to the integral constraint. Further, we introduce an
d recommend an improved estimator (DD - 2DR + RR)/RR, whose variance i
s nearly Poisson.