The sample mean is a consistent estimator of the population mean $\mu$.

Name: The sample mean is a consistent estimator of the population mean $\mu$.
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Question

The sample mean  is a consistent estimator of the population mean $\mu$.

Quizplus · Accepted Answer

A sample mean is a consistent estimator of the population mean if, as the sample size increases, the sample mean gets closer and closer to the population mean. This is a property of the law of large numbers. Therefore, the sample mean 11eae5f3_f27a_3479_bcb4_e1584fb1badd_TB7453_11 is a consistent estimator of the population mean F1F1F1S1F1F1F10.

The Sample Mean Is a Consistent Estimator of the Population