Is the sample median a biased estimator of the population mean? Why do we usually prefer the

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Is the sample median a biased estimator of the population mean? Why do we usually prefer the sample mean to the sample median as an estimator for the population mean? If we use the sample median, what must we assume about the population? Compare the two estimators.

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Complete Business Statistics

ISBN: 9780077239695

7th Edition

Authors: Amir Aczel, Jayavel Sounderpandian

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