Making the world better, one answer at a time. the last eruption was in Iceland 2010.It also happened to cause airplane traffic and shut down multiple flights near western Europe, eastern north America, and north west Asia.
biased statistic. (statistics). A statistic whose expected value, as obtained from a random sampling, does not equal the parameter or quantity being estimated. 1  Facebook. 2  Twitter.
DEFINITION of 'Bias'. Biases are human tendencies that lead us to follow a particular quasi-logical path, or form a certain perspective based on predetermined mental notions and beliefs. When investors act on a bias, they do not explore the full issue and can be ignorant to evidence that contradicts their initial opinions.