Question
Need help with answers and explanation regarding this three parts of the same question. Thanks 1) Suppose we have a sample of n=6 people, drawn
Need help with answers and explanation regarding this three parts of the same question. Thanks
1)
Suppose we have a sample of n=6 people, drawn randomly from the same population. Let Xi represent the weight (in kg) and Yi represent the height (in cm) of observation i (i=1,2,...,6), where their population means are ?x and ?y, and their population variances are ?x and ?y , respectively. Our actual datasets for weight and height are {74,61,63,85,57,76} and {1.71,1.68,1.62,1.78,1.55,1.73}, respectively. Describe and explain whether our sample is i.i.d.
2)
Determine (with reasons) the appropriate statistical estimator to estimate the population mean of Y (i.e. ?y). Based on your estimator, what is the estimate for ?y? Will your estimator be more efficient if we have access to a larger sample (than n = 6)?
3)
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