A Robust Estimator Is One That Is

question 149

Multiple Choice

A robust estimator is one that is:

• A)unbiased and symmetrical about zero.
• B)consistent and is also mound-shaped.
• C)efficient and less spread out.
• D)not sensitive to moderate nonnormality.

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Definitions:

Endowment Policy

An endowment policy is a life insurance contract designed to pay a lump sum after a specific term (on its 'maturity') or on death.

Maximum Loan

The highest amount of money that a borrower can obtain from a lender under a specific loan agreement.

Insured

A person or entity covered under an insurance policy receiving protection against specified risks.

Loan Available

The amount of money that a lender is willing to provide to a borrower under agreed conditions.