Definition: Consistency

Category: Memobust Glossary

Definition 1: Sum of sub-annual values of a time series is equal to the annual values; in case of aggregation, the total values are equal to the aggregated values.

Definition 2: Data values are said to be consistent if they conform to specified edit rules.

Definition 3: An estimator is called consistent if it converges in probability to its estimand as sample increases. https://ec.europa.eu/eurostat/cros/content/memobust-glossary-pdf-file_en
Source:
Eurostat, "Memobust Glossary" (part of the Memobust Handbook on Methodology of Modern Business Statistics), ESSnet "Memobust", March 2014
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