THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Consider the following point estimators,W,X,Y,and Z of μ: W = (x1 + x2) /2;
X = (2x1 + x2) /3;Y = (x1 + 3x2) /4;and Z = (2x1 + 3x2) /5.
-Which of the following point estimators is the most efficient?
A) W
B) X
C) Y
D) Z
Correct Answer:
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