If the Expected Value of a Sample Statistic Is Equal

question 33

Multiple Choice

If the expected value of a sample statistic is equal to the parameter it is estimating, then we call
That sample statistic

• A) unbiased.
• B) minimum variance.
• C) biased.
• D) random.

---

Definitions:

Intra-entity Sales

Transactions occurring between the departments or divisions within the same company, often used for internal accounting or transfer pricing.

Equity Method

An accounting technique used to record investments in associate companies, where the investment is initially recognized at cost and adjusted thereafter for the investor's share of the investee's profit or loss.

Investment

An investment is an asset or item acquired with the goal of generating income or appreciation in value over time.

Fair Value Method

An accounting strategy that assesses and assigns a market-based valuation to assets and liabilities, reflecting their current exchange price.