Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
mylesnagop mylesnagop
wrote...
Posts: 123
Rep: 0 0
A year ago
In general, unbiased estimators are preferred for inference because:


bias in inference is always bad and should be avoided at all costs, so using unbiased estimators is the only way to conduct objective inference.



unbiased estimators always have the least amount of variance of all possible estimators.



a biased estimator will almost always give very little insight into the parameter being estimated and, therefore, serves as a poor guess of the parameter’s true value.



in many cases the most probable value of an unbiased estimator is the value of the parameter being estimated; thus, unbiased estimators typically converge on values near the parameter.

Textbook 
Introductory Statistics: A Problem-Solving Approach

Introductory Statistics: A Problem-Solving Approach


Edition: 3rd
Author:
Read 31 times
1 Reply
Replies
Answer verified by a subject expert
majudomminickmajudomminick
wrote...
Posts: 125
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

mylesnagop Author
wrote...

A year ago
Thanks
wrote...

Yesterday
Thanks for your help!!
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  838 People Browsing
 111 Signed Up Today
Related Images
  
 1276
  
 103
  
 8779
Your Opinion
What's your favorite coffee beverage?
Votes: 274