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<p>Values of MSE may be used for comparative purposes. Two or more <a href="page.php?w=statistical_model">statistical model</a>s may be compared using their MSEs--as a measure of how well they explain a given set of observations: An unbiased estimator (estimated from a statistical model) with the smallest variance among all unbiased estimators is the best unbiased estimator or MVUE (<a href="page.php?w=Minimum-variance_unbiased_estimator">Minimum-Variance Unbiased Estimator</a>).</p>

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