What does it mean for an estimator to be consistent? Why do you think this is important
Question:
What does it mean for an estimator to be consistent? Why do you think this is important and what does it have to do with the variation in the value of the estimate?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Consistency of an Estimator An estimator is considered consistent if as the sample size increases indefinitely the estimator converges in probability ...View the full answer
Answered By
Susan Juma
I'm available and reachable 24/7. I have high experience in helping students with their assignments, proposals, and dissertations. Most importantly, I'm a professional accountant and I can handle all kinds of accounting and finance problems.
4.40+
15+ Reviews
45+ Question Solved
Related Book For
Introductory Regression Analysis With Computer Application For Business And Economics
ISBN: 9780415899338
1st Edition
Authors: Allen Webster
Question Posted:
Students also viewed these Business questions
-
(a) Use the following text to derive distributions for rat and chased. Use a five-word window, including open- and closed- class words, ignore case, punctuation and sentence boundaries and weight...
-
do the following,..... Write program that reads a person's first and last names, separated by a space. Then the program outputs last name, comma, first name. Create program that takes in user input...
-
In this question you will be asked to reflect on a project you have been involved in or observed, in which a design evolved, or could have evolved, through applying a theory of user behaviour. You...
-
What is the output after executing the following Java statements? for (int i-2; i <3; i++) for (int j-2; j <4; j++) System.out.print ((i+j) + " ");
-
Ann leases an office in Ted's building for a one-year term. At the end of the period specified in the lease, the lease ends without notice, and possession of the office returns to Ted. If Ann dies...
-
Using Fig. 10.51 , design a problem to help other students better understand nodal analysis. Solve for V o in Fig. 10.51 , using nodal analysis. Vo -j5 N= j4 2 4/0 V (+
-
The following data is available for a four stroke petrol engine stroke volume \(=6\) Litres. Mean effective pressure \(=6\) bar. Speed of engine \(=750\) RPM. Calculate i.p. of the engine.
-
The Slattery Company was formed on January 1, 2010 to build a single product. The company issued no-par common stock on that date for $300,000 cash. The product costs $20 to make, all of which is...
-
Describe the core elements required within the DSCSA (Drug Supply Chain Security Act) Describe the role of pharmacy benefit managers (PBMs) in the US Healthcare System Explain the overall structure...
-
Explain in your own words why the modeling procedure discussed in the chapter can be called ordinary least squares. Use all pertinent graphical work in your response.
-
Discuss why you think it's important for an estimator to be efficient.
-
Capital employed represents the funds provided by: (a). Creditors (b). Debenture holders (c). Shareholders (d). All of these
-
Atalie is a project manager at Lotus Software, which was historically at the forefront of software innovation but has lagged behind since the company has grown. The company identified that different...
-
Success College Australia is a thriving College offering a range of courses in business, marketing and management. To collect evidence for this unit in a Project Portfolio, the steps need to be...
-
Calculate the maximum amount of loan proceeds available under the Manitoba National Bank (MNB) secured term loan, given the terms and conditions listed in Appendix II. Qualitatively compare the...
-
Norways economy is significantly dependent on oil, and starting in 2004, its oil output began to stagnate as the countrys deposits were running dry. However, in 2007, new oil reserves were discovered...
-
Statement of owner's equity Billie Soares owns and operates Organic Products Company. Financial information related to Organic Products Company for the month ended June 30, 20Y9, is as follows:...
-
You have been assigned to the audit of Packer Inc., a manufacturing company. You have been asked to summarize the transactions for the year ended December 31, 2011, affecting stockholders equity and...
-
A glass manufacturer produces hand mirrors. Each mirror is supposed to meet company standards for such things as glass thickness, ability to reflect, size of handle, quality of glass, color of...
-
In your own words, explain several reasons why a marketing manager should co n sider international markets when evaluating possible opportunities.
-
Give an example of a foreign-made product (other than an automobile) that you pe r sonally have purchased. Give some reasons why you purchased that product. Do you think that there was a good...
-
ko, Inc.s managers are comparing the profitability of a target marketing strategy with a mass marketing strategy. The spreadsheet gives information about both approaches. The mass marketing strategy...
-
Write a function sum_list(1) that takes as input a list 1 and outputs another list q of the same length as 1 and that contains at position j the sum of all the elements from positions 0, 1, ...j,...
-
How do contingency factors, such as organizational size, industry dynamics, and institutional pressures, influence the optimal design of organizational structures and necessitate periodic...
-
Chilton Corporation produced 2 , 5 0 0 units for Job 9 0 3 . The following data is provided for Job 9 0 3 for the year: Direct materials used $ 3 , 0 0 0 Direct labor costs $ 8 7 5 Actual...
Study smarter with the SolutionInn App