Which of the following are desired properties of a point estimator? We would like the estimator to be unbiased. We would like the estimator to be consistent. We would like the estimator to have a large standard deviation. Both a and b are true. All of a, b and c are true.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter4: Equations Of Linear Functions
Section4.5: Correlation And Causation
Problem 23PFA
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Which of the following are desired properties of a point estimator?
We would like the estimator to be unbiased.
We would like the estimator to be consistent.
We would like the estimator to have a large standard deviation.
Both a and b are true.
All of a, b and c are true.
Transcribed Image Text:Which of the following are desired properties of a point estimator? We would like the estimator to be unbiased. We would like the estimator to be consistent. We would like the estimator to have a large standard deviation. Both a and b are true. All of a, b and c are true.
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