Re: Confidence Intervals
Hi Bill:
I've only scaned this thread and do not wish to comment on it directly. But I did notice the following:
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Also maximum likelyhood estimators are not always unbiased.
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It's my understanding that just the opposite is true. That is they are almost always biased. However, as the sample size grow that bias tends to become insignificant, and the bias can also usually be corrected by a factor, and I'm going from memory, of (n)/(n-1), or something like that.
Best wishes,
Mason
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