This exercise has three parts. (i) Interpret the expression of the asymptotic variance 2 in (14.66)

This exercise has three parts.

(i) Interpret the expression of the asymptotic variance τ 2 in (14.66) given below the equation.

(ii) Show that (14.67) is equivalent to

for every x.
(iii) Interpret (14.67) by the plug-in principle.

Transcribed Image Text:

P* -P (X-x) x = op(1) (x)=(1)