An Estimator Is Said to Be Consistent If

question 9

Multiple Choice

An estimator is said to be consistent if:

• A)the difference between the estimator and the population parameter grows smaller as the sample size grows larger.
• B)it is an unbiased estimator.
• C)the variance of the estimator is zero.
• D)the difference between the estimator and the population parameter stays the same as the sample size grows larger.

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Definitions:

Organizational Practices

Organizational practices encompass routines, policies, and procedures that define how an organization operates and engages with its employees and stakeholders.

Intellectual Capital

The collective knowledge, skills, and innovative potential possessed by an organization's employees that can be leveraged to create value.

Stock Of Knowledge

The accumulated body of facts, information, and skills that an individual or society possesses, which is built over time through experience and education.

Open System Organizations

Organizations that interact with their environment, adapting and evolving in response to external inputs and changes.