Go to Statistics Portal

BIAS

Statistics Directorate    
French Equivalent: Biais

Definition:
An effect which deprives a statistical result of representativeness by systematically distorting it, as distinct from a random error which may distort on any one occasion but balances out on the average.

Context:
In the context of PPPs a bias is a systematic error in a PPP or volume index. Bias can arise for a number of reasons including failure to respect either representativity or comparability or consistency, the price collection and measurement procedures followed, and the calculation and aggregation formula employed.

Eurostat, OECD, 2007, Eurostat-OECD Methodological Manual on Purchasing Power Parities, OECD, Paris – Annex VII, Glossary of terms and abbreviations

The bias of an estimator is the difference between its mathematical expectation and the true value it estimates. In the case it is zero, the estimator is said to be unbiased.

Source Publication:
The International Statistical Institute, “The Oxford Dictionary of Statistical Terms”, edited by Yadolah Dodge, Oxford University Press, 2003.

Statistical Theme: Methodological information (metadata)

Glossary Output Segments:
SDMX

Created on Tuesday, May 07, 2002

Last updated on Thursday, July 12, 2007