Examlex
Why is it easier for a new entrant to imitate value-chain activities?
Consistent Estimator
An attribute of an estimator indicating that as the sample size increases, the estimates it produces converge in probability to the parameter being estimated.
Sample Mean
The mean value derived from a dataset sample, utilized to predict the overall population's average.
Sampling Distribution
The probability distribution of a statistic (like a mean) derived from a large number of samples of a population.
Unbiased Estimators
Statistical estimators that are expected to equal the population parameter over many samples.
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