In a Couple Sentences, Define a "Biased Statistic" and "Unbiased

question 24

Essay

In a couple sentences, define a "biased statistic" and "unbiased statistic." What is thedifference between the two?

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Definitions:

Declaring Dividends

The action by a company's board of directors to distribute profits to shareholders in proportion to the amount of shares they own.

Significant Policy Decisions

Refers to important choices made by governments or organizations that influence the direction of policies or actions.

Appointing Officers

Individuals or entities authorized to assign positions or roles within an organization or government.

Participate

To take part in or become involved in an activity, event, or process.