Calculate L = E(Ä|X1) and find its variance. Is the variance of L smaller thanthe variance of X? Is L an estimator of X? Explain why this is. Consider a random sample X1,..., X, with n > 3 from the exponential distributionwith parameter 1 > 0 and densityf(x; A) = e-=/A,x > 0.Consider the following two estimators of A:3EXi, Ã =nX(1).i=1

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Answered: Calculate L = E(Ä|X1) and find its…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Calculate L = E(Ä|X1) and find its variance. Is the variance of L smaller than the variance of Ä? Is L an estimator of X? Explain why this is.