Pls help with this homework. Consider the estimator s2* = ae'e where a is a constant. For which value of a do we obtain the lowest mean squared error (under normality)?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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Pls help with this homework.

Consider the estimator s2* = ae'e where a is a constant. For which value of a do we obtain the lowest mean squared error (under normality)?

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