In comparing estimators, the more efficient estimator will have a smaller standard error.

Name: In comparing estimators, the more efficient estimator will have a smaller standard error.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This is true. When comparing different estimators for the same parameter, the one with the smaller standard error is more precise and can be considered more efficient. This means that it is more likely to produce estimates closer to the true value of the parameter with less variability.

In Comparing Estimators, the More Efficient Estimator Will Have a Smaller