Consistency for the sample average can be defined as follows, with the exception of
A) converges in probability to .
B) has the smallest variance of all estimators.
C) .
D) the probability of being in the range ± c becomes arbitrarily close to one as n increases for any constant c > 0.
Answer: B) has the smallest variance of all estimators.
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Indicate whether the statement is true or false
The presence of insurance, by partially insulating both consumers and providers from bearing the full cost of the health care services provided, can create what economists have identified as
A. adverse selection problems. B. third-party payer problems. C. moral hazard problems. D. all of the options are correct.
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a. True b. False Indicate whether the statement is true or false