roblem No. 1: Suppose that Y1, Ya, Y3 denote a random sample from an exponential distribution with mean 6. Consider e following five estimators of 0: ô, = Y1 Yi + Y2 2Y1 + Y2 3. 0- min(Y1, Ya, Ys) a. Which if these estimators are unbiased for 0? b. Among the unbiased estimators, which has the smallest variance?

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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Problem No. 1:
Suppose that Y1, Y2, Y3 denote a random sample from an exponential distribution with mean 6. Consider
the following five estimators of 0:
ô, = Y,
Y1 + Y2
2Y1 + Y2
3
Ô4 = min(Y1, Y2, Y3)
%3D
ô, = Ý
a. Which if these estimators are unbiased for 0?
b. Among the unbiased estimators, which has the smallest variance?
Transcribed Image Text:Problem No. 1: Suppose that Y1, Y2, Y3 denote a random sample from an exponential distribution with mean 6. Consider the following five estimators of 0: ô, = Y, Y1 + Y2 2Y1 + Y2 3 Ô4 = min(Y1, Y2, Y3) %3D ô, = Ý a. Which if these estimators are unbiased for 0? b. Among the unbiased estimators, which has the smallest variance?
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