Assignment:
Suppose that you have two statistics A and B as possible estimators of the same population parameter. Estimator A is unbiased, but has a large variance. Estimator B has a small bias, but has only one-tenth the variance of estimator A. Which estimator is better? Explain.
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.