Consider an estimator of μ: W= 1/6 Y1+1/16Y2+1/4Y3+1/8Y4+1/2Y5 This is an example of a weighted average of the Yi's. Show that W is also an unbiased estimator of μ. Find the variance of W.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.1: Measures Of Center
Problem 9PPS
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Consider an estimator of μ:

W= 1/6 Y1+1/16Y2+1/4Y3+1/8Y4+1/2Y5

This is an example of a weighted average of the Yi's. Show that W is also an unbiased estimator of μ. Find the variance of W.

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