Why are unbiased estimators preferred over biased estimators?
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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.Step-by-step explanation:
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8.
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A
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В.
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