If there are two unbiased estimators of a population parameter available, the one that has the smallest variance is said to be:
a. a biased estimator. c. consistent.
b. relatively efficient. d. relatively unbiased.
B
You might also like to view...
All states allow the remedy of rescinding a contract for the sale of goods while still allowing the remedy of suing for damages
a. True b. False Indicate whether the statement is true or false
Identify four members of your social network and assess the type of classifications they would represent.
What will be an ideal response?
Which of the following layouts is primarily designed to process parts, components, or jobs requiring the same or similar processing steps, saving duplication of equipment and labor:
a. Work centers b. Production kanban c. Work-in-process d. Manufacturing Cells
The order entry/sales (OE/S) process includes the first four steps in the order-to-cash process: presales activities; sales order processing; picking and packing the goods; and shipping.
Answer the following statement true (T) or false (F)