An estimator that tends to produce more accurate estimates of the population parameter as the sample size increases is best characterized as a(n)____________.
A)Biased estimator
B)Efficient estimator
C)Unbiased estimator
D)Consistent estimator

Question

Quizplus · Accepted Answer

A consistent estimator is one whose estimates converge to the true population parameter as the sample size increases. Therefore, as the sample size increases, a consistent estimator tends to produce more accurate estimates of the population parameter.

An Estimator That Tends to Produce More Accurate Estimates of the Population