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Unbiased Estimator
An estimator θ̂ is unbiased if:
$$E[\hat\theta]=\theta$$
Usage
- Used to identify estimators whose expected value equals the target parameter.
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Unbiased Estimator
An estimator θ̂ is unbiased if:
$$E[\hat\theta]=\theta$$
Usage
- Used to identify estimators whose expected value equals the target parameter.
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