Describe the estimator as becoming more efficient


Problem

In general, the variance of the distribution of an estimator decreases when the sample size is increased. Is it correct to describe the estimator as becoming more efficient?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Econometrics: Describe the estimator as becoming more efficient
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