Examlex
Which of the following entities would not likely be a user of job-costing systems?
Consistency
refers to the property of an estimator in which, as the sample size increases, it converges in probability to the parameter it estimates.
Interval Estimator
An interval estimator provides a range of values, defined by an upper and lower bound, that is likely to contain the population parameter of interest.
Sample Mean
The average of a subset of numbers from a larger set, representing the central tendency of that subset.
Consistent Estimator
An estimator that, as the sample size increases, converges in probability to the value of the parameter being estimated.
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