Which of the Following Statements Is Correct

question 74

Multiple Choice

Which of the following statements is correct?

• A)The sample mean is an unbiased estimator of the population mean.
• B)The sample proportion is an unbiased estimator of the population proportion.
• C)The difference between two sample means is an unbiased estimator of the difference between two population means.
• D)All of these choices are true.

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Definitions:

Research and Development

The activities undertaken by a business or organization to innovate and introduce new products or services.

Adaptation

The process by which organisms or entities adjust to changes in their environment or operations to ensure survival or efficiency.

Laboratory Research

The systematic investigation and experimentation carried out in a controlled environment, notably within a lab, aimed at acquiring new knowledge.

Economic Benefits

The advantage that an entity receives in terms of increased cash flows, cost savings, or other financial gains.