For Which of the Following Is the Value of the Estimator

question 48

Multiple Choice

For which of the following is the value of the estimator said to be biased?

• A) if the expected value of the estimator does not equal the population parameter
• B) if the expected value of the estimator equals the population parameter
• C) only if the expected value of the estimator is zero
• D) only if the expected value of the estimator goes below zero

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Definitions:

Database

A structured set of data held in a computer, especially one that is accessible in various ways.

Amortized

The process of gradually paying off a debt or spreading the cost of an intangible asset over its useful life for accounting and tax purposes.

Common Stock

A type of security that represents ownership in a corporation, giving holders the right to vote on corporate matters and receive dividends.