A sample statistic such that the mean of all its possible values equals the population parameter the statistic seeks to estimate is an unbiased estimator.

Name: A sample statistic such that the mean of all its possible values equals the population parameter the statistic seeks to estimate is an unbiased estimator.
Brand: Quizplus
Rating: 4.7 (21 reviews)

Question

Quizplus · Accepted Answer

An estimator is considered unbiased if the mean of all its possible values is equal to the population parameter it seeks to estimate.

A Sample Statistic Such That the Mean of All Its