Question: Please help me understand how to resolve this. Calculate point estimate of population variance. Write fully your reasoning. Unbiased estimator O is the estimator of

Please help me understand how to resolve this.

Please help me understand how to resolve this. Calculate point estimate of

Calculate point estimate of population variance. Write fully your reasoning. Unbiased estimator O is the estimator of 0 for which E(0) = 0 for every value of 0. Thus 0 is unbiased if its sampling distribution is always "centered" at the true value of the parameter. For example, if 0 = 100 then 0 is centered at 100. 62 = $2 = E (X; - X) 2 Prove that n - 1 is unbiased estimator of o2. Where X1, X2, . . .>, is random sample from a distribution with mean u and o2

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