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lisabon 2012 [21]
3 years ago
10

Why are unbiased estimators preferred over biased estimators?

Mathematics
1 answer:
DIA [1.3K]3 years ago
7 0

Answer:

Generally an unbiased statistic is preferred over a biased statistic. This is because there is a long run tendency of the biased statistic to under/over estimate the true value of the population parameter. Unbiasedness does not guarantee that an estimator will be close to the population parameter.

Step-by-step explanation:

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