Which of the Following Is True of an Unbiased Estimator

question 4

Multiple Choice

Which of the following is true of an unbiased estimator value?

• A)The expected value will align perfectly with the population mean.
• B)The expected value will not equal the population's parameters.
• C)The expected value will not be greater than zero.
• D)The expected value will equal the population's parameters.

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Definitions:

Small Claims Court

A court that deals with minor legal disputes involving small monetary amounts.

Compounded Monthly

This is the calculation of interest on an investment or savings where the interest earned each month is added to the principal, thereby increasing the amount on which future interest is calculated.

Fair Rate

A reasonable, equitable interest rate or charge for a loan or service, ensuring fairness to both the provider and the consumer.

Missing Value

A term used in statistics and data analysis indicating data points or information that is not recorded or is unavailable.