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In fig. 7.2 of section 7.3, what is the meaning of the red line? the closest fit?
And what is the difference between "closest fit" and "closet fit in population"?
Is estimation bias of the models on the red line zero?
The text was updated successfully, but these errors were encountered:
In fig. 7.2 of section 7.3, what is the meaning of the red line? the closest fit?
And what is the difference between "closest fit" and "closet fit in population"?
Is estimation bias of the models on the red line zero?
The text was updated successfully, but these errors were encountered: