This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The ideal estimator has the greatest variance among all unbiased estimators. A) True B) ... (Read 134 times)

viki

  • Hero Member
  • *****
  • Posts: 525
on: Jun 24, 2018
The ideal estimator has the greatest variance among all unbiased estimators.
 
  A) True B) False

Question 2

The preventable monthly loss at a company has a normal distribution with a mean of 4900 and a standard deviation of 30. A new policy was put into place, and the preventable loss the next month was 4720. What inference can you make about the new policy?
 
  A) Because the probability that the monthly loss would be as low as 4720 is small, the new policy is working.
  B) While the probability that the monthly loss would be as low as 4720 is small, it is not unexpected.
  C) The new policy is probably less effective than the one it replaced.
  D) Because the probability that the monthly loss would be as low as 4720 is not very small, the new policy is not working.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jackie

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

A


viki

  • Hero Member
  • *****
  • Posts: 525
Reply #2 on: Jun 24, 2018
Thank you


jackie

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jun 24, 2018
No problemo


« previous next »
 

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Apparent and True Orbits of Alpha Centauri. Apparent and True Orbits of Alpha Centauri.
A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact, A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
Which is TRUE about the alternation of generations cycle that is diagramed above? Which is TRUE about the alternation of generations cycle that is diagramed above?
Young adulthood brings the greatest number of role transitions and highest levels of demands than ... Young adulthood brings the greatest number of role transitions and highest levels of demands than ...
How to manually find the mean, variance, and standard deviation for a set of numbers How to manually find the mean, variance, and standard deviation for a set of numbers
The growth of GHG emissions is greatest in the rapidly growing economies of India and China The growth of GHG emissions is greatest in the rapidly growing economies of India and China
Video: HDL (high density lipoprotein)

For a complete list of videos, visit our video library