does the "unbiased" aspect of unbiased estimator indicate that it underestimates the population value with same tenency...

50.1K

Verified Solution

Question

Basic Math

does the "unbiased" aspect of unbiased estimatorindicate that it underestimates the population value with sametenency as it overestimates the population value, or not?

Answer & Explanation Solved by verified expert
4.1 Ratings (555 Votes)
That is a good question So to answer the same we have to understand why the unbiased estimators are called unbiased Whenever we talk about unbiased estimators that means that the average of the sample    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students