MSE is an abbreviation for mean-squared-error and it typically encompasses both variance and bias of a statistical population.
What is a gamma distribution?
A gamma distribution can be defined as a two-parameter family of continuous probability distributions which can be described or modeled with a finite number of parameters (α and β).
In probability theory and statistics, MSE is an abbreviation for mean-squared-error and it typically encompasses both variance and bias of a statistical population.
Mathematically, the mean-squared-error (MSE) of a given parameter ˆθ is given by Eθ[(ˆθ - θ)²].
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