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Author Question: Is the sample mean a consistent estimator of the population mean? ... (Read 81 times)

michelleunicorn

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on: Jun 24, 2018
Is the sample mean a consistent estimator of the population mean? Explain

Question 2

A multiple regression equation has a coefficient of determination of 0.81 . Then, the percentage of the variation in y that is explained by the regression equation is 90.
  Indicate whether the statement is true or false


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mbcrismon

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Reply #1 on: Jun 24, 2018
Answer to Question 1

Yes, the mean is consistent because it is unbiased and the standard error grows smaller as the sample size n increases.

Answer to Question 2

F


michelleunicorn

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

Dinolord

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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