8. Given two estimators X1 and X2 for a population mean, E[X1] = 6, V[X1] = 4, and V[X2] = 5. If the true value of the population mean is 5, which of the following is(are) TRUE? %3D %3D I. X1 is an unbiased estimator. II. X2 is less precise than X1.

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8. Given two estimators X1 and X2 for a population mean, E[X1] = 6, V[X1] = 4, and V[X2] = 5. If the true value
of the population mean is 5, which of the following is(are) TRUE?
%3D
%3D
I.X1 is an unbiased estimator.
II. X2 is less precise than X1.
O A. I only
O B. Il only
O C. Both I and II
O D. Neither I nor II
Transcribed Image Text:8. Given two estimators X1 and X2 for a population mean, E[X1] = 6, V[X1] = 4, and V[X2] = 5. If the true value of the population mean is 5, which of the following is(are) TRUE? %3D %3D I.X1 is an unbiased estimator. II. X2 is less precise than X1. O A. I only O B. Il only O C. Both I and II O D. Neither I nor II
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