Question

To show that an estimator can be consistent without being unbiased or even asymptotically unbiased, consider...

To show that an estimator can be consistent without being unbiased or even asymptotically unbiased, consider the following estimation procedure: To estimate the mean of a population with the finite variance σ2, we first take a random sample of size n. Then we randomly draw one of n slips of paper numbered from 1 through n, and if the number we draw is 2, 3,..., or n, we use as our estimator the mean of the random sample; otherwise, we use the estimate n2. Show that this estimation procedure is

(a) consistent; (b) neither unbiased nor asymptotically unbiased.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Answer true or false: We saw that the sufficient conditions for a consistent estimator included the...
Answer true or false: We saw that the sufficient conditions for a consistent estimator included the condition that the limit of the variance of the estimator must be zero as n increases. Since the formula for the variance of our estimated betahat2 does not include an n in our denominator, unlike the variance of the sample mean, we can prove that it is asymptotically unbiased, but we cannot claim that it is consistent.
1.The sample mean is an unbiased estimator for the population mean. This means: The sample mean...
1.The sample mean is an unbiased estimator for the population mean. This means: The sample mean always equals the population mean. The average sample mean, over all possible samples, equals the population mean. The sample mean will only vary a little from the population mean. The sample mean has a normal distribution. 2.Which of the following statements is CORRECTabout the sampling distribution of the sample mean: The standard error of the sample mean will decrease as the sample size increases....
Consider the accompanying data on flexural strength (MPa) for concrete beams of a certain type 6.0...
Consider the accompanying data on flexural strength (MPa) for concrete beams of a certain type 6.0 7.2 7.3 6.3 8.1 6.8 7.0 7.5 6.8 6.5 7.0 6.3 7.9 9.0 9.0 8.7 7.8 9.7 7.4 7.7 9.7 8.2 7.7 11.6 11.3 11.8 10.7 The data below give accompanying strength observations for cylinders. 6.1 5.8 7.8 7.1 7.2 9.2 6.6 8.3 7.0 8.5 7.5 8.1 7.4 8.5 8.9 9.8 9.7 14.1 12.6 11.9 Prior to obtaining data, denote the beam strengths by...
MATHEMATICS 1. The measure of location which is the most likely to be influenced by extreme...
MATHEMATICS 1. The measure of location which is the most likely to be influenced by extreme values in the data set is the a. range b. median c. mode d. mean 2. If two events are independent, then a. they must be mutually exclusive b. the sum of their probabilities must be equal to one c. their intersection must be zero d. None of these alternatives is correct. any value between 0 to 1 3. Two events, A and B,...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT