lottov0k lottov0k

05-12-2017
Mathematics

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Why are unbiased estimators preferred over biased estimators?

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hollacemcdonne hollacemcdonne

05-12-2017

When you have an unbiased estimator, they can do their job in a way that is not favoring any specific party. Biased estimators are already "rooting for" so to speak a certain party, therefore giving that party a predestined advantage.

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