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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 125 times)

jho37

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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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Answer to Question 1

1

Answer to Question 2

2



jho37

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Both answers were spot on, thank you once again




 

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