Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Let X ~ Bin(n, p). Consider the estimator (a) Find Elp ], and hence state the bias be?(p?). [3 marks] (b) By considering the moment

image text in transcribed
Let X ~ Bin(n, p). Consider the estimator (a) Find Elp ], and hence state the bias be?(p?). [3 marks] (b) By considering the moment generating function for a binomial distribution Mx(t) = (1-p+pet)", show that: . EX = np . EX? = n(n - 1)p- + np . EX3 = n(n - 1)(n -2)p3 + 3n(n - 1)p3 + np . E[X] =n(n-1)(n -2)(n -3)p# + 6n(n - 1)(n -2)p3 + 7n(n - 1)p2 + np [8 marks] (c) Hence, or otherwise, calculate MSEp: (p?). [4 marks] (d) Show that [2 marks] E P(1 - P) p(1 - p) n - 1 n (e) Using the Parts (a) and (d), find an unbiased estimator for p-. [1 mark] (f) BONUS: Calculate the MSE for your estimator in Part (e) [5 marks]. [Question total: 18]

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_2

Step: 3

blur-text-image_3

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

Introduction To Mathematical Statistics And Its Applications

Authors: Richard J. Larsen, Morris L. Marx

5th Edition

321693949, 978-0321694027, 321694023, 978-0321693945

More Books

Students also viewed these Mathematics questions

Question

2. What is the meaning and definition of Banking?

Answered: 1 week ago

Question

3.What are the Importance / Role of Bank in Business?

Answered: 1 week ago

Question

Personal role: This consists of service to family and friends.

Answered: 1 week ago