UNBIASED ESTIMATOR

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a statistic whose predicted value is the value of the parameter being approximated. Therefore, if C is utilized to approximate the parameter 0, C is said to be unbiased if and only if B{C}=0.

UNBIASED ESTIMATOR: "The unbiased estimator in this case was a negative amount."
Cite this page: N., Sam M.S., "UNBIASED ESTIMATOR," in PsychologyDictionary.org, April 29, 2013, https://psychologydictionary.org/unbiased-estimator/ (accessed November 26, 2022).

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