An unbiased estimator is considered a consistent estimator if the variance of the estimator converges to 0 as n approaches infinity.

Master the Casualty Actuarial Society MAS-1 Exam with flashcards and multiple choice questions, hints, and explanations. Get prepared for your exam!

Multiple Choice

An unbiased estimator is considered a consistent estimator if the variance of the estimator converges to 0 as n approaches infinity.

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