efficient estimator
Definition:
In the statistics of SAMPLING, a method for estimating a POPULATION parameter is more efficient if the variance of its sampling distribution is smaller than that of another method.
Cross-References:
[sampling]
Links:
Figures:
© Westburn Publishers Ltd 2002, The Westburn Dictionary of Marketing edited by Michael J Baker, ISBN 978-0-946433-01-8. www.themarketingdictionary.com. Entry: [Stephen K. Tagg], [1998].