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Which of the Following Best Describes an Unbiased Estimator

Question 1

Multiple Choice

Which of the following best describes an unbiased estimator?


A) any sample statistic used to approximate a population parameter
B) a sample statistic which has an expected value equal to the value of the population parameter
C) a sample statistic whose value is usually less than the value of the population parameter
D) any estimator whose standard error is relatively small

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