Which of the Following Describes What the Property of Unbiasedness

question 50

Multiple Choice

Which of the following describes what the property of unbiasedness means?

• A) The shape of the sampling distribution is approximately normally distributed.
• B) The sampling distribution in question has the smallest variation of all possible sampling distributions.
• C) The center of the sampling distribution is found at the population standard deviation.
• D) The center of the sampling distribution is found at the population parameter that is being estimated.

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Definitions:

Compensation Method

The method of offsetting negative product aspects with better benefit aspects.

Valid Objection

A genuine concern or issue raised by a prospective buyer that needs to be addressed or resolved by the seller for the sales process to advance.

Prospect's Objection

The concerns or hesitations raised by a potential customer against purchasing a product or service.

Reason To Buy

The motivation or justification that persuades a customer to make a purchase.