Mathematics, 18.02.2020 06:00 chloe9869

Two estimates are available for the same population parameter. Estimate one has a standard deviation of 9.1 and estimate two has a standard deviation of 9.4. Estimate two is unbiased, whereas estimate one is biased. Which estimate would you choose and why?

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Two estimates are available for the same population parameter. Estimate one has a standard deviation...