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When Choosing Between Two Unbiased Estimators of the Same Parameter

Question 11

Multiple Choice

When choosing between two unbiased estimators of the same parameter, the preferred estimator is:


A) the one that is most unbiased.
B) the one with the smaller variance.
C) the one that has an expected value equal to the parameter.
D) Either estimator is fine, as both are unbiased.

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