Suppose that Ф1 and Ф2 are unbiased estimators of the parameter . We know that V (Ф1)

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Suppose that Ф1 and Ф2 are unbiased estimators of the parameter θ. We know that V (Ф1) = 10 and V(Ф2) = 4. Which estimator is best and in what sense is it best?
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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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