1. Math
  2. Statistics And Probability
  3. 3 suppose that e4 e4 v4 and...

Question: 3 suppose that e4 e4 v4 and...

Question details

(3) Suppose that E(4) θ, E(4) θ, V(4) σ. and V(0) σ3. Assume that θί and 02 are independent. Consider the following estimator: (a) Show that θ3 is unbiased for θ (b) Find the value of a that minimizes the variance of θ3 (c) which estimator would you use? θ, θ2, or 6, when using the value of a found in part (b)

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution