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    Statistics
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    Statistics for Management and Economics
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    Exam 10: Introduction to Estimation
  5. Question
    Knowing That an Estimator Is Unbiased Only Assures Us That
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Knowing That an Estimator Is Unbiased Only Assures Us That

Question 109

Question 109

True/False

Knowing that an estimator is unbiased only assures us that its expected value equals the parameter,but it does not tell us how close the estimator is to the parameter.

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