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Business, 14.01.2022 06:40 sharnisefrazier

An estimator μy of the population value μy is more efficient when compared to another estimator , if a. E(My) > E(My).
b. it has a smaller variance.
c. its C. D.F is fatter than that of the other estimator.
d. both estimators are unbiased, and Var(y) < Var(y).

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