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Abstract Details
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Activity Number:
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413
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Type:
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Contributed
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Date/Time:
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Tuesday, August 2, 2011 : 2:00 PM to 3:50 PM
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Sponsor:
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Section on Survey Research Methods
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| Abstract - #302373 |
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Title:
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A Coverage Approach to Evaluating Mean Square Error
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Author(s):
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Alan Dorfman*+
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Companies:
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Bureau of Labor Statistics
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Address:
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7807 custer rd, bethesda, MD, 20814,
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Keywords:
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Abstract:
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We propose a new method for evaluating the mean square error (mse) of a possibly biased estimator, or, rather, the class of estimators to which it belongs. The method uses confidence intervals c of a corresponding unbiased estimator and makes its assessment based on the extent to which c includes the (possibly biased) estimator of interest. The method does not require an estimate, implicit or explicit, of the bias of the estimator of interest, is indifferent to the bias/variance breakdown of its mse, and does not require surety of the model on which it is based.
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