Question: Let b and e be two estimators. Suppose b is unbiased. Suppose e is biased but has variance which is 0.09 less than b. (a)
Let bµ and eµ be two estimators. Suppose bµ is unbiased. Suppose eµ is biased but has variance which is 0.09 less than bµ.
(a) If eµ has a bias of ¡0.1 which estimator is preferred based onMSE?
(b) Find the level of the bias of eµ at which the two estimators have the same MSE.
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