CFA Practice Question
Which of the following is least likely to be a desirable property of an estimator?
A. consistency
B. efficiency
C. reliability
Explanation: The three desirable properties of an estimator are unbiasedness, efficiency, and consistency.
User Contributed Comments 2
| User | Comment |
|---|---|
| zaphod6839 | Questions like this are just really stupid. Do you really want an estimator that is unreliable? |
| TroyJT | Agreed. These characteristics are arbitrary and don't add much value in a quantitative discipline. Not sure why someone (an academic?) thought providing 3 qualitative, subjective descriptors would add any value to people studying this subject. |