Question

In: Statistics and Probability

Suppose we have a random sample of size 2๐‘› from a population denoted by ๐‘‹, and ๐ธ(๐‘‹) = ๐œ‡ and ๐‘‰(๐‘‹) = ๐œŽ^2 . Let

Suppose we have a random sample of size 2๐‘› from a population denoted by ๐‘‹, and ๐ธ(๐‘‹) = ๐œ‡ and ๐‘‰(๐‘‹) = ๐œŽ2ย . Let

ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย 

be two estimators of ๐œ‡. Which is the better estimator of ๐œ‡? Explain your choice.

Solutions

Expert Solution

Solution

Suppose we have a random sample of size 2๐‘› from a population denoted by ๐‘‹, and ๐ธ(๐‘‹) = ๐œ‡ and ๐‘‰(๐‘‹) = ๐œŽ2 .

be two estimators of ๐œ‡. Which is the better estimator of ๐œ‡? Explain your choice

Then we have

ย  ย  ย  ย  ย  ย  ย  ย  ย 

Then follow byย 

ย  ย  ย  ย  ย  ย  ย  ย  ย 

ย  ย  ย  ย  ย  ย  ย  ย 

These two estimators are unbiased. and we have some quation

โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹

These two estimators are unbiased.

โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย 

Therefore:

ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย  ย 

ย 


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