An Unbiased Estimator Is Said to Be Consistent If the Difference

question 39

True/False

An unbiased estimator is said to be consistent if the difference between the estimator and the parameter grows larger as the sample size grows larger.

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Definitions:

Banking Regulators

Authorities or bodies responsible for overseeing the banking industry, ensuring compliance with laws, and maintaining financial stability.

Ideal Self

The person an individual aspires to be, encompassing all of their goals and aspirations in terms of personality, behavior, and achievements.

Ideal Society

A concept pertaining to a society that possesses highly desirable or nearly perfect qualities for its citizens, often focusing on aspects of justice, equality, and happiness.