Which of the following describes what the property of unbiasedness means?
A)The sampling distribution in question has the smallest variation of all possible sampling distributions.
B)The center of the sampling distribution is found at the population parameter that is being estimated.
C)The shape of the sampling distribution is approximately normally distributed.
D)The center of the sampling distribution is found at the population standard deviation.

Question

Quizplus · Accepted Answer

Unbiasedness means that the expected value of the estimator equals the population parameter being estimated, indicating that on average, the estimator hits the true parameter value. This is represented by the center of the sampling distribution aligning with the population parameter.

Which of the Following Describes What the Property of Unbiasedness