gobbler80
gobbler80 gobbler80
  • 19-03-2020
  • Mathematics
contestada

Why are unbiased estimators preferred over biased estimators?

Respuesta :

jessieoweh
jessieoweh jessieoweh
  • 20-03-2020

Answer:

Generally an unbiased statistic is preferred over a biased statistic. This is because there is a long run tendency of the biased statistic to under/over estimate the true value of the population parameter. Unbiasedness does not guarantee that an estimator will be close to the population parameter.

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