(a) Show that T₁ is an unbiased estimator of 1/A. (b) Find the constant a such that T₂ = aX(1) is an unbiased estimator of 1/X. (c) Since T₁ and T₂ are both unbiased we prefer the estimator with smaller variance. Which of the estimators T₁ and T₂ would you choose for estimating the mean 1/X?

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter2: Exponential, Logarithmic, And Trigonometric Functions
Section2.CR: Chapter 2 Review
Problem 111CR: Respiratory Rate Researchers have found that the 95 th percentile the value at which 95% of the data...
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1. Suppose we have a random sample X₁, X2, ..., Xn from an Exponential distribution with mean
1/A. Suppose we want to estimate the mean 1/A. One estimator for 1/X is T₁ = X. Of interest
is to note that the minimum of X₁, X2,..., Xn, say X(1), has an Exponential distribution with
mean (n)-¹.
(a) Show that T₁ is an unbiased estimator of 1/A.
(b) Find the constant a such that T₂ = aX(1) is an unbiased estimator of 1/X.
(c) Since T₁ and T₂ are both unbiased we prefer the estimator with smaller variance. Which
of the estimators T₁ and T₂ would you choose for estimating the mean 1/X?
Transcribed Image Text:1. Suppose we have a random sample X₁, X2, ..., Xn from an Exponential distribution with mean 1/A. Suppose we want to estimate the mean 1/A. One estimator for 1/X is T₁ = X. Of interest is to note that the minimum of X₁, X2,..., Xn, say X(1), has an Exponential distribution with mean (n)-¹. (a) Show that T₁ is an unbiased estimator of 1/A. (b) Find the constant a such that T₂ = aX(1) is an unbiased estimator of 1/X. (c) Since T₁ and T₂ are both unbiased we prefer the estimator with smaller variance. Which of the estimators T₁ and T₂ would you choose for estimating the mean 1/X?
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