unbiased information

What Is The Difference Between Biased And Unbiased?

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What Is The Difference Between Biased And Unbiased? An unbiased estimator is an accurate statistic that’s used to approximate a population parameter. “Accurate” in this sense means that it’s neither an overestimate nor an underestimate. If an overestimate or underestimate does happen, the mean of the difference is called a “bias.” What is the difference