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Vanyuwa [196]
3 years ago
5

Why are unbiased estimators preferred over biased estimators?

Mathematics
1 answer:
mafiozo [28]3 years ago
6 0
When you have an unbiased estimator, they can do their job in a way that is not favoring any specific party. Biased estimators are already "rooting for" so to speak a certain party, therefore giving that party a predestined advantage.
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D= cost of discount card
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