Suppose that Ф1 and Ф2 are estimators of the parameter . We know that E(Ф1) = ,

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Suppose that Ф1 and Ф2 are estimators of the parameter θ. We know that E(Ф1) = θ, E(Ф2) = θ/2m V (Ф1) = 10, V(Ф2) = 4. Which estimator is best? In what sense is it best?
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