When choosing between a biased but very efficient estimator and an unbiased but very inefficient estimator,...
When choosing between a biased but very efficient estimator and an unbiased but very inefficient estimator, we should choose the one with the minimum Mean Square Error.
true or false?
Homework Answers
Answer:
For the given question,the announcement is " valid "
Because, At whatever point we face such a decision we ought to pick the gauge for which the mean squared mistake is least.
So, the final answer is " True "
The
mean square error is " minimum ".
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When choosing between a biased but very efficient estimator and
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