Author Question: An unbiased estimate is a point estimate such that the mean of its sampling distribution is equal to ... (Read 51 times)

colton · **on:** Jun 24, 2018

An unbiased estimate is a point estimate such that the mean of its sampling distribution is equal to the true value of the population parameter being estimated.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The cyclic component of a time series is more likely to exhibit business cycles that record periods of economic recession and inflation.
a. True
b. False
Indicate whether the statement is true or false