LOS g: Identify and describe the desirable properties of an estimator.
The sample mean is an unbiased estimator of the population mean because the:
A) |
expected value of the sample mean is equal to the population mean. | |
B) |
sampling distribution of the sample mean has the smallest variance of any other unbiased estimators of the population mean. | |
C) |
sample mean provides a more accurate estimate of the population mean as the sample size increases. | |
An unbiased estimator is one for which the expected value of the estimator is equal to the parameter you are trying to estimate.
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