Answer:
Step-by-step explanation:
From the question we are told that:
Data
Generally the equation for Point estimate is mathematically given by
A basket of food is sufficient to feed 10 persons for 3 days. How many days would it last for 5 persons?
1 answer:
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So it is the product of
And 2,5 and 11 are prime numbers, so there you go :)
Answer:
a) In order to check if an estimator is unbiased we need to check this condition:
And we can find the expected value of each estimator like this:
So then we conclude that is unbiased.
For the second estimator we have this:
And then we conclude that is unbiaed too.
b) For this case first we need to find the variance of each estimator:
And for the second estimator we have this:
And the relative efficiency is given by:
Step-by-step explanation:
For this case we assume that we have a random sample given by: and each
Part a
In order to check if an estimator is unbiased we need to check this condition:
And we can find the expected value of each estimator like this:
So then we conclude that is unbiased.
For the second estimator we have this:
And then we conclude that is unbiaed too.
Part b
For this case first we need to find the variance of each estimator:
And for the second estimator we have this:
And the relative efficiency is given by: