An Unbiased Estimator Is

question 19

Multiple Choice

An unbiased estimator is:

• A) any sample statistic used to approximate a population parameter.
• B) a sample statistic that has an expected value equal to the value of the population parameter.
• C) a sample statistic whose value is usually less than the value of the population parameter.
• D) any estimator whose standard error is relatively small.

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Definitions:

Financial Relationships

The analysis and assessment of the connections between various financial metrics and entities, including investments, expenses, revenues, and profits.

Financial Theory

A branch of economics that aims to understand and explain how financial markets operate, the structure of capital markets, and the pricing of financial instruments.

Economics

The social science that studies how people use scarce resources to produce valuable commodities and distribute them among different people.

Mathematics

Mathematics is the abstract study of numbers, quantity, structure, space, and change, used as a tool in a wide range of disciplines.