Suppose that Y1,Y2,Y3 denote a random sample from an exponential distribution with density function f(y) = Consider the following four estimators of θ: ?1θe−y/θ, y>0,0, otherwise. θˆ =Y, θˆ =Y1+Y2, θˆ =Y1+2Y2, θˆ =Y1+Y2+Y3 =Y ̄. 11223343 Which estimators are unbiased? Among the unbiased estimators, which has the smallest variance?

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Suppose that Y1,Y2,Y3 denote a random sample from an exponential distribution with density function

f(y) = Consider the following four estimators of θ:

?1θe−y/θ, y>0,
0, otherwise.

θˆ =Y, θˆ =Y1+Y2, θˆ =Y1+2Y2, θˆ =Y1+Y2+Y3 =Y ̄. 11223343

Which estimators are unbiased? Among the unbiased estimators, which has the smallest variance?

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