Estimation

Discussion in 'CT3' started by Aditya mohan mathur, Oct 15, 2016.

  1. What do we mean by consistent estimator?
     
  2. Bharti Singla

    Bharti Singla Senior Member

    An estimator is consistent if MSE–> 0 as
    n–> infinity. Since it is desirable for the MSE to be smallest for a good estimator.
     
    John Lee and Hemant Rupani like this.
  3. Okay thank you
     
    Bharti Singla likes this.
  4. John Lee

    John Lee ActEd Tutor Staff Member

    It's called "consistent" as it is consistent with what we'd expect - that is larger samples give more accurate results (ie smaller variance).
     
    Aditya mohan mathur likes this.

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