As the sample size increases the probability increases that the population parameter is more closely estimated by the statistic; thus, the estimator is.
A)unbiased
B)biased
C)consistent
D)inconsistent

Question

Quizplus · Accepted Answer

Consistency is the property that ensures that as the sample size increases, the statistic approaches the true value of the population parameter. Therefore, as the sample size increases, the estimator becomes more consistent in estimating the population parameter.

As the Sample Size Increases the Probability Increases That the Population