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consistency of an estimator is what

Pirjade simran 14th Jan, 2020

Answer (1)

Masira 14th Jan, 2020

Hello,

Consistency of an estimator means that as the sample size gets large the estimate gets closer and closer to the true value of the parameter. Unbiasedness is a finite sample property that is not affected by increasing sample size. An estimate is unbiased if its expected value equals the true parameter value.

Hope this helps, Good Luck.

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14th Jan, 2020

Thanks...

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