Part a If X and Y are unbiased estimators, E[X] = E[Y] = µ, then is Z unbiased? Explain why or why not. Your explanation should include a short derivation. Part b Assume Var(X) = Var(Y). Is Z a lower variance or higher variance estimator than X? Explain your answer. Your explanation should include a short derivation.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 93E
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Imagine you have two estimators X and Y, for unknown parameter µ. Assume that they are estimated from independent datasets. Let
Z = }(X+Y) be the average of these two estimators.
To write the symbol µ, you can write mu. For other math notation, you can E[X], Var(X) and (X+Y)/2 or (1/2)(X+Y).
Part a -
If X and Y are unbiased estimators, E[X] = E[Y] = µ, then is Z unbiased? Explain why or why not. Your explanation should include a short
derivation.
Part bL
Assume Var(X) = Var(Y).
Is Z a lower variance or higher variance estimator than X? Explain your answer. Your explanation should include a short derivation.
Transcribed Image Text:Imagine you have two estimators X and Y, for unknown parameter µ. Assume that they are estimated from independent datasets. Let Z = }(X+Y) be the average of these two estimators. To write the symbol µ, you can write mu. For other math notation, you can E[X], Var(X) and (X+Y)/2 or (1/2)(X+Y). Part a - If X and Y are unbiased estimators, E[X] = E[Y] = µ, then is Z unbiased? Explain why or why not. Your explanation should include a short derivation. Part bL Assume Var(X) = Var(Y). Is Z a lower variance or higher variance estimator than X? Explain your answer. Your explanation should include a short derivation.
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