Question: Consider the following probability distribution a Find b For a

Consider the following probability distribution:
a. Find μ.
b. For a random sample of n = 3 observations from this distribution, find the sampling distribution of the sample mean.
c. Find the sampling distribution of the median of a sample of n = 3 observations from this population.
d. Refer to parts b and c, and show that both the mean and median are unbiased estimators of μ for this population.
e. Find the variances of the sampling distributions of the sample mean and the sample median.
f. Which estimator would you use to estimate μ? Why?

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  • CreatedMay 20, 2015
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