Let X be a random variable with finite expectation u and variance o?. Let X be the sample mean, based on a random sample of size n. Prove that X is an unbiased and consistent estimator of u.

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.
Chapter13: Probability And Calculus
Section13.2: Expected Value And Variance Of Continuous Random Variables
Problem 10E
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Let X be a random variable with finite expectation u and variance o?.
Let X be the sample mean, based on a random sample of size n. Prove that X is an
unbiased and consistent estimator of µ.
Transcribed Image Text:Let X be a random variable with finite expectation u and variance o?. Let X be the sample mean, based on a random sample of size n. Prove that X is an unbiased and consistent estimator of µ.
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ISBN:
9780321964038
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GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,