Biased estimator of population mean


Assignment:

Is the sample median a biased estimator of the population mean? Why do we usually prefer the sample mean to the sample median as an estimator for the population mean? If we use the sample median, what must we assume about the population? Compare the two estimators.

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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Basic Statistics: Biased estimator of population mean
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