A Robust Estimator Is One That Is

question 149

Multiple Choice

A robust estimator is one that is:

• A)unbiased and symmetrical about zero.
• B)consistent and is also mound-shaped.
• C)efficient and less spread out.
• D)not sensitive to moderate nonnormality.

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Definitions:

Equation

A mathematical statement that asserts the equality of two expressions, represented by the symbol "=".

Gross Profit

Sales minus the cost of merchandise sold.

Owner's Equity

The residual interest in the assets of a company after deducting liabilities.

Merchandise Sold

The total goods or inventory that have been sold to customers within a specific period, generating revenue for the business.