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Let x 1and x 2be a random sample of observations from a population with mean and variance 2. Consider the following point estimators, W, X,
Letx1andx2be a random sample of observations from a population with meanand variance 2. Consider the following point estimators, W, X, Y, and Z of:W = (x1+x2)/2; X = (2x1+x2)/3; Y = (x1+ 3x2)/4; and Z = (2x1+ 3x2)/5.
What is the relative efficiency of Z with respect to Y?
a.
1.20
b.
0.80
c.
1.50
d.
0.50
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