Suppose that X ~ N(μ, Ï2) and consider the point estimate for some fixed value μ0. Show
Question:
for some fixed value μ0. Show that this point estimate has a smaller mean square error than X when
|μ - μ0| ¤ 3Ï
Explain why it is not surprising that has a smaller mean square error than X when n is close to μ0.
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Related Book For
Probability And Statistics For Engineers And Scientists
ISBN: 9780495107576
3rd Edition
Authors: Anthony Hayter
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