Given random variable Y,
E(Y) = theta
Var(Y) = (theta^2)/50
theta hat = bY where b< 1
MSE(theta hat) = (11 * theta^2)/512
Find b
So here we get two choices of b , 0.9375 and 1.0233
But given that b<1 , so we will take b=0.9375 as our correct answer .
b = 0.9375
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