Examlex
You and your friend both send documents to the printer,but the printer can only print one document at a time.What does it do with the other document?
Sample Mean
is the average value of a subset of observations from a larger population.
Sample Variance
Sample variance is a measure of the dispersion or variability of a sample dataset, calculating how much the numbers differ from the sample mean.
Consistent
A statistical property indicating that as the size of the sample increases, the estimator converges in probability to the parameter being estimated.
Unbiased Estimators
Statistical estimators that, on average, accurately predict the value of a population parameter without systematic error.
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