APFIVE Bias and Standard Error of an Estimator
The sampling distribution of a point estimator θ̂, used to estimate a parameter θ, has a mean of θ + 3 and a standard deviation of 5. Which of the following statements is true?
A
θ̂ is unbiased with standard error equal to 5
B
θ̂ is biased with bias equal to 5
C
θ̂ is biased with bias equal to 3
D
θ̂ is unbiased with bias equal to 0
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