The ________ Is a Minimum-Variance Unbiased Point Estimate of the Mean

question 28

Multiple Choice

The ________ is a minimum-variance unbiased point estimate of the mean of a normally distributed population.

• A) sample mean
• B) sample variance
• C) sample standard deviation
• D) observed mean

---

Definitions:

Fixed Assets

Long-term tangible assets, such as buildings, machinery, and equipment, used in operating a business and not expected to be converted to cash in the current or next fiscal year.

Yearly Income

The total amount of income generated by a person or entity in one fiscal year.

Return On Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated by dividing the net profit from an investment by the original capital cost.

Invested Assets

Assets acquired for the purpose of generating income through investment, rather than for use in the operations of a business.