18. In each case below, determine whether the estimator under consideration is unbiased, asymptotically unbiased, and/or consistent.
Question:
18. In each case below, determine whether the estimator under consideration is unbiased, asymptotically unbiased, and/or consistent.
a. The iid random sample ð Þ X1; ... ; Xn is generated from a Gamma population distribution. The estimatortð Þ X
¼ X will be used to estimate the value of ab.
b. The iid random sample ð Þ X1; ... ; Xn is generated from an exponential population distribution. The estimator tð Þ¼ X ð Þ n 1 1 Pn i¼1 Xi X 2 will be used to estimate the value of y2.
c. The iid random sample ð Þ X1; ... ; Xn is generated from a Poisson population distribution. The estimatortð Þ X
¼ Xn will be used to estimate the value of l.
d. The iid random sample ð Þ X1; ... ; Xn is generated from a Poisson population distribution. The estimator tð Þ¼ X ð Þ n 1 1 Pn i¼1 Xi X 2 will be used to estimate the value of l.
e. The iid random sample ð Þ X1; ... ; Xn is generated from a geometric population distribution. The estimator tð Þ¼ X S2 n will be used to estimate 1ð Þ p p2.
f. The iid random sample ð Þ X1; ... ; Xn is generated from a Bernoulli population distribution. The estimator tðXÞ ¼ X 1 X will be used to estimate pð Þ 1 p .
g. The random sample of size 1, X, is generated from a Binomial population distribution for which the value of the parameter n is known. The estimator t(X) ¼ X/n will be used to estimate p.
Step by Step Answer:
Mathematical Statistics For Economics And Business
ISBN: 9781461450214
2nd Edition
Authors: Ron C. Mittelhammer