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.
Economics
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International economics can be divided into two broad sub-fields
A) macro and micro. B) developed and less developed. C) monetary and barter. D) international trade and international money. E) static and dynamic.
Economics
Refer to Scenario 2.1. If P = $25, which of the following is true?
A) There is a surplus equal to 30. B) There is a shortage equal to 30. C) There is a shortage, but it is impossible to determine how large. D) There is a surplus, but it is impossible to determine how large.
Economics