Question: Please answer the question 5. Suppose you are given the following estimator for My: My = [1/(n-1)]*EY; fori = 1, 2, . ...... n a)

Please answer the question

5. Suppose you are given the following estimator for My: My" = [1/(n-1)]*EY; fori = 1, 2, . ...... n a) Find E(My") b) Find Var(My") C) Is My" an efficient estimator of My? Briefly explain. d) Is my" a consistent estimator of my? Briefly explain, using the appropriate calculations where necessary

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