Answer true or false: We saw that the sufficient conditions for a consistent estimator included the condition that the limit of the variance of the estimator must be zero as n increases. Since the formula for the variance of our estimated betahat2 does not include an n in our denominator, unlike the variance of the sample mean, we can prove that it is asymptotically unbiased, but we cannot claim that it is consistent.
Get Answers For Free
Most questions answered within 1 hours.