Select the best answer. A statistic is an unbiased estimator of a parameter when (a) the statistic is calculated from a random sample. (b) in a single

Kobe Dixon

Kobe Dixon

Answered question

2023-04-01

Read carefully and choose only one option 
A statistic is an unbiased estimator of a parameter when (a) the statistic is calculated from a random sample. (b) in a single sample, the value of the statistic is equal to the value of the parameter. (c) in many samples, the values of the statistic are very close to the value of the parameter. (d) in many samples, the values of the statistic are centered at the value of the parameter. (e) in many samples, the distribution of the statistic has a shape that is approximately Normal

Answer & Explanation

recafelitbraj

recafelitbraj

Beginner2023-04-02Added 5 answers

The correct option is:
(d) In many samples, the values of the statistic are centered at the value of the parameter.
This means that an unbiased estimator is one where, on average, the value of the estimator is equal to the true value of the parameter being estimated. In many samples, the values of the statistic should be centered around the true parameter value, indicating that it is an unbiased estimator.
Therefore, the answer is option (d).

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