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:

Evaluating

The process of assessing or judging the value, performance, or nature of something.

Bases For Evaluation

Bases for evaluation are the criteria or standards used to judge or assess the quality or performance of something.

Glib Conclusions

Glib conclusions are superficially smooth and persuasive summaries or decisions that lack depth and careful thought.

Credibility

The quality of being trustworthy or believable.