In: Math
A point estimator is a sample statistic that provides a point estimate of a population parameter. Complete the following statements about point estimators.
Given two unbiased estimators of the same population parameter, the estimator with thelarger expected value is consistent .
A point estimator is said to bebiased if itsexpected value is equal to the value of the population parameter that it estimates.
A point estimator is said to beunbiased if, as the sample size is , the estimator tends to provide better estimates of the population parameter.
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