The farmers' association of the Amatole region in the Eastern Cape wants to report on the average milk production in this region. It has been shown that the milk production in this region is normally distributed with mean u and variance o?. Suppose a random sample of farms,Y1, Y2, Y3, Y4 is taken from the region. Consider the following estimators of 0: Ô, = Y and ô, = 2Y2+2Y3 4 1. Identify the parameter of interest. 2. You have been presented with two estimators of the parameter of interest. (a) Find the expected value of each of the estimators.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
icon
Related questions
Topic Video
Question
100%
The farmers' association of the Amatole region in the Eastern Cape wants to report on the average
milk production in this region. It has been shown that the milk production in this region is normally
distributed with mean u and variance o?. Suppose a random sample of farms,Y1, Y2, Y3, Y4 is taken from
the region. Consider the following estimators of 0: 01
= Ỹ and ô, = 2Y½+2Y3
1. Identify the parameter of interest.
2. You have been presented with two estimators of the parameter of interest.
(a) Find the expected value of each of the estimators.
(b) Find the variance of each of the estimators.
Transcribed Image Text:The farmers' association of the Amatole region in the Eastern Cape wants to report on the average milk production in this region. It has been shown that the milk production in this region is normally distributed with mean u and variance o?. Suppose a random sample of farms,Y1, Y2, Y3, Y4 is taken from the region. Consider the following estimators of 0: 01 = Ỹ and ô, = 2Y½+2Y3 1. Identify the parameter of interest. 2. You have been presented with two estimators of the parameter of interest. (a) Find the expected value of each of the estimators. (b) Find the variance of each of the estimators.
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Hypothesis Tests and Confidence Intervals for Means
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt