Question: Denote as the sample average from a random sample with as the mean and variance ^2. W is an estimator of : W = [
- Denote as the sample average from a random sample with as the mean and variance ^2.
- W is an estimator of : W = [ (n-1) / n ]
1. Demonstrate that W is a biased estimator and find the bias
2. As the sample size gets large, what happens to the bias?
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