Examlex
What is the prime rate is and how does it function
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.
Relative Efficiency
A measure comparing the precision of different estimators or statistical procedures under the same conditions.
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