File:Example when estimator bias is good.svg

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Original file(SVG file, nominally 180 × 121 pixels, file size: 6 KB)

Summary

This simple diagram shows two estimators, β1 and β2, of true parameter β0. Although second estimator is biased, it is clearly superior to the former.

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File history

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Date/TimeThumbnailDimensionsUserComment
current23:03, 13 January 2017Thumbnail for version as of 23:03, 13 January 2017180 × 121 (6 KB)127.0.0.1 (talk)This simple diagram shows two estimators, β1 and β2, of true parameter β0. Although second estimator is biased, it is clearly superior to the former.
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