Which of the following statements are correct?
A) If there are two unbiased estimators of a parameter, the one whose variance is larger is said to be relatively efficient.
B) If there are two unbiased estimators of a parameter, the one whose mean is larger is said to be relatively efficient.
C) If there are two unbiased estimators of a parameter, the one whose mean is smaller is said to be relatively efficient.
D) If there are two unbiased estimators of a parameter, the one whose variance is smaller is said to be relatively efficient.
Correct Answer:
Verified
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