Question

Complete the sentence: An unbiased estimator is _____. a. any sample statistic used to approximate a population parameter b. a sample statistic, which has an expected value equal to the value of the population parameter c. a sample statistic whose value is usually less than the value of the population parameter d. any estimator whose standard error is relatively small

Answer 1

a) Any sample statistic used to approximate a population parameter.

Explanation:

An unbiased estimator is any sample statistic used to approximate a population parameter.

In mathematics, the bias of an estimator refers to the difference between the true value of the parameter being estimated and the estimator’s expected value.

If a statistic is not an underestimate or overestimate of the population parameter, then it is unbiased.

That is why an unbiased estimator is an accurate sample statistic used to approximate a population parameter.