CFA Practice Question

There are 434 practice questions for this study session.

CFA Practice Question

A consistent estimator is an estimator ______.
A. where the expected value of the estimate equals the population parameter
B. where no other unbiased estimator of the same parameter has a sampling distribution with smaller variance
C. for which the probability of accurate estimates increases as sample size increases
Explanation: A consistent estimator is an estimator for which the probability of accurate estimates increases as sample size increases.

User Contributed Comments 1

User Comment
Profache a and b define unbiasedness and efficiency respectively
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