What does it mean for an estimator to be consistent?

Expert Solution

Let, be an estimator of with some probability p.

Now, will be a consistent estimator of if with some probability p which means will tend to converge to with some probability p.

Thus, an estimator to be consistent means it will converge to the population parameter i.e with some probability p.

Rahul Sunny answered 3 years ago

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What does it mean for an estimator to be consistent?

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