short note on biased and unbiased in probability
Answers
Answered by
1
Answer:
In statistics, the bias (or bias function) of an estimator is the difference between this estimator's expected value and the true value of the parameter being estimated. An estimator or decision rule with zero bias is called unbiased. ... When a biased estimator is used, bounds of the bias are calculated.
Similar questions
Sociology,
6 months ago
Business Studies,
6 months ago
Biology,
1 year ago
Math,
1 year ago
Math,
1 year ago