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Author Question: A statistic that is unbiased with a small standard error is likely to result in an estimate that is ... (Read 123 times)

jho37

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on: Jul 24, 2018
A statistic that is unbiased with a small standard error is likely to result in an estimate that is close to the actual value of the population characteristic.
  1.True
  2.False

Question 2

Using an unbiased statistic guarantees that there will be no systematic tendency to under- or overestimate the value of the population characteristic and that estimates will almost always be relatively close to the true value.
  1.True
  2.False


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katara

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

1

Answer to Question 2

2


jho37

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Reply #2 on: Jul 24, 2018
Both answers were spot on, thank you once again


katara

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Reply #3 on: Jul 24, 2018
Great! Please up vote :D


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