An Estimator Is Said to Be Consistent If

question 9

Multiple Choice

An estimator is said to be consistent if:

• A)the difference between the estimator and the population parameter grows smaller as the sample size grows larger.
• B)it is an unbiased estimator.
• C)the variance of the estimator is zero.
• D)the difference between the estimator and the population parameter stays the same as the sample size grows larger.

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Definitions:

African Americans

An ethnic category in the United States comprising people with either complete or partial lineage from black racial groups in Africa.

Prejudiced

Having preconceived opinions or judgments without just grounds or before sufficient knowledge.

Lorenz Curve

A graphical representation of the distribution of income or wealth within a society, showing the proportion of the total income earned by various segments of the population.

Diagonal

Often used in a geometric context, referring to a straight line connecting two nonadjacent corners or vertices of a polygon or polyhedron.