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Question
consistency refers to how the estimates are when using random samples.
a consistent estimator produces values that get as the sample size increases.
sampling variability is the natural in sample estimates when different random samples are taken.
the standard deviation measures how much each data point from the sample mean.
the standard error is the standard deviation of a statistic.
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(1) similar
(2) closer to the true - value
(3) variation
(4) deviates
(5) sampling distribution