An unbiased estimate is a point estimate such that the mean of ...

[colton]

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

[xoxo123]

Answer to Question 1

TRUE

Answer to Question 2

TRUE

[colton]

Thanks for the timely response, appreciate it

[rachel]

Great answer, keep it coming