Question: Question 4 Miscellaneous. (a) Consider two unbiased estimators for 0: 0, and 02. Explain, in words, the benefit of a more efficient estimator. Why is

Question 4 Miscellaneous. (a) Consider two unbiased estimators for 0: 0,

and 02. Explain, in words, the benefit of a more efficient estimator.

Question 4 Miscellaneous. (a) Consider two unbiased estimators for 0: 0, and 02. Explain, in words, the benefit of a more efficient estimator. Why is efficiency desirable

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