Solved

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

Question 101

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Let X1,X2,X3,and X4 be a random sample of observations from a population with mean μ and variance σ2.Consider the following two point estimators of μ: THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Let X<sub>1</sub>,X<sub>2</sub>,X<sub>3</sub>,and X<sub>4</sub> be a random sample of observations from a population with mean μ and variance σ<sup>2</sup>.Consider the following two point estimators of μ:    <sub>1</sub> = 0.10 X<sub>1</sub> + 0.20 X<sub>2</sub> + 0.40 X<sub>3</sub> + 0.30 X<sub>4</sub>,and    <sub>2</sub> = 0.25 X<sub>1</sub> + 0.25 X<sub>2</sub> + 0.30 X<sub>3</sub> + 0.20 X<sub>4</sub> -Show that both the estimators are unbiased.
1 = 0.10 X1 + 0.20 X2 + 0.40 X3 + 0.30 X4,and THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION: Let X<sub>1</sub>,X<sub>2</sub>,X<sub>3</sub>,and X<sub>4</sub> be a random sample of observations from a population with mean μ and variance σ<sup>2</sup>.Consider the following two point estimators of μ:    <sub>1</sub> = 0.10 X<sub>1</sub> + 0.20 X<sub>2</sub> + 0.40 X<sub>3</sub> + 0.30 X<sub>4</sub>,and    <sub>2</sub> = 0.25 X<sub>1</sub> + 0.25 X<sub>2</sub> + 0.30 X<sub>3</sub> + 0.20 X<sub>4</sub> -Show that both the estimators are unbiased.
2 = 0.25 X1 + 0.25 X2 + 0.30 X3 + 0.20 X4
-Show that both the estimators are unbiased.

Correct Answer:

verifed

Verified

E( blured image
1)= 0.10 E(X1)+ 0.20 E(X2)+ 0.40 E(X3)+...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents