The Sample Variance S2 Is an Unbiased Estimator of the Population

question 44

Short Answer

The sample variance s2 is an unbiased estimator of the population variance 2 when the denominator of s2 is: $\begin{array}{|l|l|}\hline\text { A. } & n \\\hline \text { B. } & n-1 \\\hline \text { C. } & \sqrt{n} \\\hline \text { D. } & n+1 \\\hline\end{array}$

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Definitions:

Shift from TC₁ to TC₀

Represents a change in total cost from one state (TC₁) to another (TC₀), often used in economic models to explain cost variations.

User Cost

The cost of using a capital asset, considering both the depreciation of the asset and the opportunity cost of not investing the funds elsewhere.

Extracting

The process of removing or obtaining a resource from its source.

Unit of Resource

A specific quantity of a resource or input used in the production of goods or services.