A. Find the Cramer-Rao lower bound for estimators of a. B. Show that the MLE for a is ân = n Σ', la Xa C. Construct an estimator T(ân) such that E(T(ân)) = a. Is it a best estimator for o?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter10: Sequences, Series, And Probability
Section10.8: Probability
Problem 31E
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2. Let X₁, X2,..., Xn be iid random variables from a Pareto distribution, with cdf F(x; a) = 1-xa, x ≥ 1, a > 0.
A. Find the Cramer-Rao lower bound for estimators of a.
B. Show that the MLE for a is an
n
Σ', la XT
C. Construct an estimator T(ân) such that E(T(ân)) = a. Is it a best estimator for a?
Transcribed Image Text:2. Let X₁, X2,..., Xn be iid random variables from a Pareto distribution, with cdf F(x; a) = 1-xa, x ≥ 1, a > 0. A. Find the Cramer-Rao lower bound for estimators of a. B. Show that the MLE for a is an n Σ', la XT C. Construct an estimator T(ân) such that E(T(ân)) = a. Is it a best estimator for a?
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