A statistic that is unbiased with a small standard error is ...

[jho37]

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

[katara]

Answer to Question 1

1

Answer to Question 2

2

[jho37]

Both answers were spot on, thank you once again

[katara]

Great! Please up vote