4. Suppose that ê, and Əz are unbiased estimators of the parameters 0. We know that V(0,) = 20 and V(Ô2)=8. Which estimator is best and in what sense is it best? Calculate the relative efficiency of the estimators.

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4. Suppose that é, and é, are unbiased estimators of the parameters 0. We know
that V(é,) = 20 and V(é2)=8. Which estimator is best and in what sense is it
||
best? Calculate the relative efficiency of the estimators.
Transcribed Image Text:4. Suppose that é, and é, are unbiased estimators of the parameters 0. We know that V(é,) = 20 and V(é2)=8. Which estimator is best and in what sense is it || best? Calculate the relative efficiency of the estimators.
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