A3 For observations x₁, x2,...,n with sample average , we can use n Σ(x₁ - x)² i=1 2² = n as an estimator for the population variance o2. What is the bias of this estimator? A: 1/n B: -0²/n C: -1/n E: o²/n Circle the correct letter: A B с D: 0 DE

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A3 For observations x₁, x2,...,n with sample average , we can use
n
Σ(x₁ - x)²
i=1
2²
=
n
as an estimator for the population variance o2. What is the bias of this estimator?
A: 1/n
B: -0²/n C: -1/n D: 0
E: o²/n
Circle the correct letter: A B C D E
Transcribed Image Text:A3 For observations x₁, x2,...,n with sample average , we can use n Σ(x₁ - x)² i=1 2² = n as an estimator for the population variance o2. What is the bias of this estimator? A: 1/n B: -0²/n C: -1/n D: 0 E: o²/n Circle the correct letter: A B C D E
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