61. Consider two estimators d1 and d2 of a parameter . If E[d1] = , Var(d1) =...
Question:
61. Consider two estimators d1 and d2 of a parameter θ. If E[d1] = θ, Var(d1) = 6 and E[d2] = θ + 2, Var(d2) = 2, which estimator should be preferred?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Introduction To Probability And Statistics For Engineers And Scientists
ISBN: 9780125980579
3rd Edition
Authors: Sheldon M. Ross
Question Posted: