Author Question: Knowing that an estimator is unbiased only assures us that its expected value equals the parameter, ... (Read 243 times)

darbym82

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Knowing that an estimator is unbiased only assures us that its expected value equals the parameter, but it does not tell us how close the estimator is to the parameter.
  Indicate whether the statement is true or false

Question 2

You use a(n) ___________________ _ interval whenever you want to estimate a one-time occurrence for a particular value of y when x is a given value.
 Fill in the blank(s) with correct word



johnpizzaz

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Answer to Question 1

T

Answer to Question 2

prediction



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