An Estimator Is Unbiased If It Produces

question 27

Multiple Choice

An estimator is unbiased if it produces

• A) a parameter from the sample that equals the true parameter.
• B) estimates of a parameter that are close to the true parameter.
• C) estimates of a parameter that are statistically significant.
• D) estimates of a parameter that are on average equal to the true parameter.
• E) both b and c

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Definitions:

Tangible Assets

Assets with a physical form such as machinery, buildings, and land that a company owns and uses in its operations.

Long-Term Debt

Refers to loans and financial obligations lasting over one year.

Intangible Assets

Non-physical assets that have value due to their attributes, such as intellectual property, goodwill, and brand recognition.

Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets to generate sales revenue.