Question: Choose the best answer to fill in the blank. The variance of an estimator measures i. how close the estimator is to the true value.

Choose the best answer to fill in the blank. The variance of an estimator measures

i. how close the estimator is to the true value.

ii. how close repeated values of the estimator are to each other.

iii. how close the mean of the estimator is to the true value.

iv. how close repeated values of the mean of the estimator are to each other.

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