Dictionary · Probability and Statistics for Engineering and the Sciences
L2 — definitions grouped by regulatory framework.
1 sense under Probability and Statistics for Engineering and the Sciences
Nouns
1 sense- Bias
(mathematical) A point estimator \theta_hat is said to be an unbiased estimator fo \theta if E(\theta_hat) = \theta for every possible value of \theta. If \theta_hat is not unbiased, the difference E(\theta_hat) - \theta is called the bias of \theta