# Question: Being unbiased and having a small variability are two desirable

Being unbiased and having a small variability are two desirable characteristics of a statistic if it is going to be used as an estimator. Describe how the SDSM addresses both of these properties when estimating the mean of a population.

**View Solution:**## Answer to relevant Questions

a. Click “10” for “# of samples.” Note the sample means and the probability of their being less than 1451 if the true mean is really 1500. b. Change to “Batch” and simulate 1000 more samples. What is the ...Calculate the p-value for each of the following: The following computer output was used to complete a hypothesis test. a. State the null and alternative hypotheses. b. If the test is completed using , what decision and conclusion are reached? c. Verify the value of the ...The average size of a home in 2008 fell to 2343 square feet, according to the National Association of Home Builders and reported in USA Today (January 11, 2009). The homebuilders of a northeastern city feel that the average ...State the null and alternative hypotheses used to test each of the following claims: a. The mean reaction time is less than 1.25 seconds. b. The mean score on that qualifying exam is different from 335. c. The mean ...Post your question