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Chapter 7: q.11 (page 462)

T7.11. Below are histograms of the values taken by three sample statistics in several hundred samples from the same population. The true value of the population parameter is marked with an arrow on each histogram

Which statistic would provide the best estimate of the parameter? Justify your answer

Short Answer

Expert verified

The histogram A would provide the best estimate of the parameter.

Step by step solution

01

Given Information

The given histogram is

02

Explanation

We know that the histogram which has all the bars centered on the true value and has the least variability provides the best estimate.

In the provided figure, histogram A provides the best estimate.

Hence, histogram A would provide the best estimate of the parameter.

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