An Unbiased Statistic Is One That ​

question 25

Multiple Choice

An unbiased statistic is one that ​

• A)is closely approximated by a normal curve.
• B)has the smallest variance.
• C)is mound-shaped.
• D)is nearly symmetric.
• E)does not consistently tend to underestimate or to overestimate the value of a population characteristic.

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Definitions:

Performance

The action or process of carrying out or accomplishing an action, task, or function.

Properly Payable

Properly payable refers to the condition under which a financial instrument, such as a check, meets all requirements for payment to the rightful party without dispute.

Requirements

Conditions or specifications that must be met or complied with.

Preauthorized Payments

Financial transactions that are scheduled to recur at predetermined intervals, where funds are automatically transferred from an individual's bank account or credit card to pay for services or goods.