We know that the point estimator o` is an unbiased estimator for the parameter 0 if E(e') = 0.If the estimator is biased (not unbiased), then the difference E(O) – 0 is called the bias of the estimator e and is denoted by Bias(e'). That is,

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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We know that the point estimator o` is an unbiased estimator for the parameter 0
if E(e') = 0.If the estimator is biased (not unbiased), then the difference
E(O) – 0 is called the bias of the estimator e and is denoted by Bias(e'). That
is,
Transcribed Image Text:We know that the point estimator o` is an unbiased estimator for the parameter 0 if E(e') = 0.If the estimator is biased (not unbiased), then the difference E(O) – 0 is called the bias of the estimator e and is denoted by Bias(e'). That is,
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