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4 August, 06:14

Why are unbiased estimators preferred over biased estimators?

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  1. 4 August, 07:08
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    Unbiased estimators retain the original distribution of the sample, where as biased estimators follow a normal distribution.
  2. 4 August, 07:16
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    When you have an unbiased estimator, they can do their job in a way that is not favoring any specific party. Biased estimators are already "rooting for" so to speak a certain party, therefore giving that party a predestined advantage.
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