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The Statistic S2 Is an Unbiased and Consistent Estimator of σ2

question 138

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The statistic s2 is an unbiased and consistent estimator of σ2.


Definitions:

Property

A physical or intangible asset owned by an individual or corporation.

Market Exposure

The amount of funds invested in a particular market sector or investment, representing the level of risk taken.

Collect Like Terms

The method of reducing algebraic expressions to simpler forms by merging terms that feature identical variables elevated to identical powers.

Simplify

To make something less complex or easier to understand, often by reducing it to its basic components.

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