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An Unbiased Estimator Is Said to Be Consistent If the Difference

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An unbiased estimator is said to be consistent if the difference between the estimator and the parameter grows larger as the sample size grows larger.


Definitions:

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A framework developed by sociologist Robert Merton to categorize human responses to cultural goals and the means of achieving them.

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The process of creating new ideas, products, or methods, often leading to improvements or advancements.

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