Which of the Following Best Describes an Unbiased Estimator

question 4

Short Answer

Which of the following best describes an unbiased estimator? $\begin{array}{|l|l|}\hline A&\text {Every estimator is an unbiased estimator. }\\\hline B&\text {An interval estimator is an unbiased estimator. }\\\hline C&\text {An unbiased estimator of a population parameter is an estimator whose expected value is }\\&\text { equal to that parameter.}\\\hline D&\text { None of these choices are correct.}\\\hline \end{array}$

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Definitions:

Resold

The act of selling an item or property again, especially after purchasing it from the original seller.

Registration

A legislated requirement for incorporating a company in some jurisdictions in Canada.

Personal Property Security Act

A body of law that governs the rights of creditors and debtors with respect to personal property used as security.

Secured Transaction

A collateral right to debt giving the creditor the right to take back the goods or intercept the debt owing used as security in the event of default.