Suppose you have a random sample X1. X2,.X, where: • X = 1 if a randomly selected student uses a car to commute to campus X = 0 if a randomly selected student does not use a car ssuming that the X, are independent Binomial B(1.p) random variables with mknown parameter p.Using the method of moments, describe how you would find n estimator of p, the proportion of students who use a car, from the random ample. Denote this estimator with p. When is the variance of the estimator arger for a sample size 10, or for a sample size 100? An estimator is unbiased, if

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Exercise 5:
Suppose you have a random sample X1, X1,,X, where:
X 1 if a randomly selected student uses a car to commute to campus
X = 0 if a randomly selected student does not use a car
Assuming that the X, are independent Binomial B(1,p) random variables with
unknown parameter p.Using the method of moments, describe how you would find
an estimator of p, the proportion of students who use a car, from the random
sample. Denote this estimator with p. When is the variance of the estimator
larger for a sample size 10, or for a sample size 100? An estimator is unbiased, if
EP = p. Is your estimator unbiased?
Transcribed Image Text:Exercise 5: Suppose you have a random sample X1, X1,,X, where: X 1 if a randomly selected student uses a car to commute to campus X = 0 if a randomly selected student does not use a car Assuming that the X, are independent Binomial B(1,p) random variables with unknown parameter p.Using the method of moments, describe how you would find an estimator of p, the proportion of students who use a car, from the random sample. Denote this estimator with p. When is the variance of the estimator larger for a sample size 10, or for a sample size 100? An estimator is unbiased, if EP = p. Is your estimator unbiased?
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