FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hello! Is the estimator Q=2X1-X20 unbiased? As far as I understand it is, because 2E(X1)-E(X20)=2*mean-mean=mean (using identical and independent sample distribution), however the answer says

Hello! Is the estimator Q=2X1-X20 unbiased? As far as I understand it is, because 2E(X1)-E(X20)=2*mean-mean=mean (using identical and independent sample distribution), however the answer says it is not. So could you explain where I am wrong? Thank you in advance!

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Analysis For Management

Quantitative Analysis For Management

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

11th Edition

9780132997621, 132149117, 132997622, 978-0132149112

Students also viewed these Mathematics questions

Question

★★★★★
What criteria must an LLC meet to avoid double taxation?

Answered: 1 week ago

Question

★★★★★
Use the scatterplot for number of farms and size of farms in Figure 7.5. a. Insert a best-fit line in the given scatterplot. b. Estimate or compute r and r2. Based on your value for r2, determine how...

Answered: 1 week ago

Question

★★★★★
=+6. If current trends continue, China may be the worlds largest

Answered: 1 week ago

Question

★★★★★
(Issuance of Bonds with Stock Warrants) On May 1, 2010, Barkley Company issued 3,000 $1,000 bonds at 102. Each bond was issued with one detachable stock warrant. Shortly after issuance, the bonds...

Answered: 1 week ago

Question

★★★★★
Hello! Is the estimator Q=2X1-X20 unbiased? As far as I understand it is, because 2E(X1)-E(X20)=2*mean-mean=mean (using identical and independent sample distribution), however the answer says it is...

Answered: 1 week ago

Question

★★★★★
PROBLEM TWO (MAX POINTS - A: 15; B:15) Jeff Poster is the proud Postmaster for Stinking Creek, Tennessee. The Post Office processes mail on a daily basis seven days a week, although the Post Office's...

Answered: 1 week ago

Question

★★★★★
Solve Prob. 1-24 using appropriate software. Print out the entire solution, including the numerical results with proper units. Data From Problem 1-24: A 10-kg rock is thrown upward with a force of...

Answered: 1 week ago

Question

★★★★★
Air flows through a converging-diverging nozzle. The Mach number of airflow at the inlet of the nozzle is \(M_{1}=0.75\), and the air condition is that at sea level at the inlet. The Mach number of...

Answered: 1 week ago

Question

★★★★★
Use Table 1.1 to find the three most open economies in 2009, and the three most closed. How does the growth performance of these countries compare with the growth of the average country in the table?...

Answered: 1 week ago

Question

★★★★★
The project manager of the gas station project shown in Figure 7.3 needs to change the projects WBS so that it can be compared with cost and productivity information collected by the company. Level...

Answered: 1 week ago

Question

★★★★★
North Bank has a loan receivable from Westminster Publishing Company. Westminster is late making payments to the bank, and Richard Connelly, a North Bank vice president, is helping Westminster...

Answered: 1 week ago

Previous Question Next Question